JV Partner has provided a lead to T&R Certified Closing LLC for the purpose of real estate investing. Should this lead result in a successfully closed real estate transaction then JV Partner & T&R Certified Closing LLC shall split the net profits 50%/50%.
JV Partner understands that T&R Certified Closing LLC works with a transaction coordinating 3rd party service (i.e. EZ REI Closings) and reserves the right to contact the seller and all parties involved in this transaction.
JV Partner understands there are risks associated with this stratagy and agrees to indemnify T&R Certified Closing LLC and/or anyone affiliated with T&R Certified Closing LLC in the event of a lawsuit or claim resulting from negligance, bad faith and/or misconduct. This agreement is not intended nor shall be construed as a general partnership, principal/agent, or employer/employee aragement. Both parties shall be responsable for filing the required tax forms for reporting the profits or losses for this venture.
By entering into this Agreement, JV Partner agrees to allow T&R Certified Closing LLC the exclusive right to market the property by any means it deems necessary for up to 30 business days after this JV request is approved.