This section is from the book "Real Estate Business Self-Taught", by W. A. Carney. Also available from Amazon: Real estate business self-taught.
(a) Country Property:
On all property situated outside the city limits of the city of Los Angeles 5 per cent on the purchase price.
(b) City Property:
On all property located within the city limits of the city of Los Angeles 5 per cent on the first $1,000 and 2.5 per cent on the balance of the purchase price.
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