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    Buyer?s deposits as liquidated damages to seller.

    A property I opened escrow on kept having issues after issues with the latest problem about water heater not complying with city/county code. Since this property is not ready for a sale as evident in the water heater issue, it's not worth to spend more time & effort on it as there may be more...
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    Water Heater : Does Irvine require water heater to be placed/mounted up from cement floor?

    Anyone knows if Irvine requires the water heater to be on some sort of platform. Our pending purchase has the water heater placed directly on the cement floor of the garage. It's been braced & strapped, but not on a wooden block as usually seen in Irvine homes. My search on Irvine City Hall...
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    Getting out of a signed Purchase Agreement.

    I have signed a purchase agreement, opened escrow & put down deposit as well as done home inspection. How do I get out of the deal as this one requires updates & there's a new property that I like much better?
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    Fee Simple (own land) or Fee Lease (lease land)???

    Still deciding on a townhome in Trailing Vines, Irvine 92620 built in 2005 & a SF home in the Racquet Club from 1970? Does anyone know if these are land own or land lease?
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