The purchase agreement is contingent on the buyer's approval of this report and any other matters affecting the title. The preliminary title report lists liens and other encumbrances on the property, as well as any defects in the seller's chain of title discovered during the title search.
Malibu (/ËmÃ¦láµ»buË/) is a beach city in Los Angeles County, California, situated 30 miles (48 km) west of Downtown Los Angeles. Known for its mediterranean climate, a 21-mile (34 km) strip of the Malibu coast incorporated in 1991 into the City of Malibu. The area is known for being the home of Hollywood movie stars, people in the entertainment industry, and other affluent residents. As of the 2010 census, the city population was 12,645.
Malibu has a mediterranean climate, that is typical for beachfront communities of Southern California. The average summer daytime high is 78 F (25.6 C), whereas the winter nighttime low averages 49 F (9.4 C). Malibu receives an average of 15 inches (380 mm) of rain yearly, and is often covered with a marine layer due to its proximity to the coast. On average, one out of each three days in Malibu will have some sort of cloud cover until noon. Winters are generally mild and wet, whereas summers are warm and extremely dry, which makes the area proned to wildfires.