A Way To Earn More
How the EZLOT Equity Share owner-financing program works for both of us in plain English:
đ„ Equity Share Walkthrough
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WATCH REEL ON FACEBOOK â
Watch EZLOT on Facebook explain how Equity Share terms maximize your passive income.
| What You Earn | What You Keep |
|---|---|
| Full Market Price + Interest | First-Lien Mortgage Security (Recorded in public records) |
| Steady Monthly Passive Income | Zero Closing Costs (We cover title, deed, and recording fees) |
| Guaranteed Yield Bonus | Full Cashout Flexibility (60-day lump-sum principal option) |
1. THE PARTIES: This Real Estate Purchase Agreement is entered into between [Seller Name] ("Seller") and Equity Zone Land Ownership Terms LLC (EZLOT LLC) or its assigns ("Buyer").
Names you as the seller and our company as the buyer. "Assigns" allows us to place the deed into our long-term land-holding entity or trust without making you sign new contracts down the road!
2. THE PROPERTY: Seller agrees to sell and convey to Buyer a parcel of land containing approximately 0.00 SF, having Property Tax ID# STRAP/APN, legally situated at [Property Address], located in [County] County, Florida.
We pull your exact square footage, county STRAP ID, and parcel boundaries directly from county records to make sure we are both talking about the exact same piece of dirt.
3. FINANCIAL TERMS & INSTALLMENT STRUCTURE: The agreed purchase price and financing terms are structured as follows:
Total Due at Closing
$,$$$.00
(5% Cash Down + 1st Month's Payment)
Contract Purchase Price:
$$,$$$.00
Financing Term:
108 Months (9 Years)
Applicable Federal Rate (AFR):
4.25% (Simple Interest)
Monthly Installment:
$$$.00 / mo.
Disbursement Address:
On File (Mailed Check or Direct ACH Deposit)
Here's how you "become the bank." You get an initial cash payout at closing, followed by dependable monthly income backed by simple interestâmaximizing your total return over time!
4. DUE DILIGENCE & INSPECTION ACCESS: Buyer shall have five (5) business days from the Effective Date ("Inspection Period") to perform physical, boundary, environmental, zoning, and title investigations. Seller hereby grants Buyer, its agents, and assigns the express right to enter the Property for these purposes. Buyer may terminate this agreement for any reason in its sole and absolute discretion before the expiration of the Inspection Period without penalty or further obligation.
Our 5-day review period. We verify that the land has proper road access, clean zoning, and no hidden environmental red flags before we finalize closing.
5. SECURING THE AGREEMENT (MEMORANDUM): Upon execution, this agreement establishes an exclusive equitable interest in favor of Buyer. Buyer is expressly authorized to execute and record a Memorandum of Agreement in the public records of the county where the Property is located to provide constructive notice of Buyer's equitable rights and prevent junior liens or conflicting claims pending closing.
This is like putting our flag in the ground. It tells the county clerk that we have an active deal so outside wholesalers or unexpected debts can't attach to your property while our closing team finishes the paperwork.
6. CLOSING & SECURITY INSTRUMENTS: Closing shall take place through a licensed Florida title company or closing attorney selected by Buyer within forty-eight (48) hours following confirmation of marketable title. To secure the unpaid principal balance, Buyer shall execute a Promissory Note and a Purchase Money Mortgage in favor of Seller, recorded concurrently with the Deed in public records as a first mortgage lien. Buyer shall pay all standard closing fees, deed preparation, title search, and recording costs.
Total financial security. We close through a licensed Florida title company. To secure the remaining balance, we sign a legal Mortgage recorded against the deed in public records in your favor. You hold a recorded first lien on the dirt until paid in full!
7. TITLE CONVEYANCE & LIEN CLEARANCE: At closing, Seller shall execute and deliver a standard Statutory Warranty Deed conveying marketable fee simple title free and clear of all liens, mortgages, and encumbrances. All real property taxes and assessments accrued prior to closing shall be paid from Seller's proceeds. If unsatisfied title defects or liens exceed the initial cash down payment, Seller agrees to clear such defects prior to closing; failing which, Buyer may terminate this agreement without liability.
Clean title transfer. The title company verifies there are no unrecorded mortgages or liens. Any standard property taxes up to closing day are handled automatically on the settlement sheet.
8. POSSESSION, USE & WRAP-AROUND FINANCING RIGHTS: Full legal possession and control of the Property shall deliver to Buyer on the date of closing. Buyer shall possess the unrestricted right to clear, grade, improve, lease, or resell the Property, including the absolute right to convey the Property to a subsequent purchaser utilizing wrap-around owner financing or an agreement for deed. Any added equity, improvements, or financial spread created upon resale belongs entirely to Buyer.
Hands-off peace of mind. Once we close, we handle all clearing, site work, mowing, and future buyers. You sit back and collect your monthly paymentsâwe do all the physical and operational heavy lifting.
9. TAXES, ASSESSMENTS & CARRYING RESPONSIBILITY: From and after the closing date, Buyer assumes full legal and financial responsibility for real estate taxes, special assessments, and property maintenance. Seller is permanently relieved of all ongoing carrying costs and liabilities associated with the Property.
No more tax bills or county maintenance warnings. Starting on closing day, 100% of property taxes, municipal fees, and liabilities become our responsibility.
10. PREPAYMENT & GUARANTEED MINIMUM INTEREST PAYOUT: Buyer reserves the right to prepay all or any part of the outstanding principal balance at any time without penalty. In the event of early principal payoff, Seller shall receive a Guaranteed Minimum Interest Payout equal to twelve (12) months of simple interest added directly to the final payoff, guaranteeing a fair yield regardless of when payoff occurs.
A guaranteed yield bonus! If we decide to pay off your balance early, we add a guaranteed full year of interest directly onto your final check so you never get shortchanged on your return.
11. LIFE EVENT CASHOUT OPTION (INTEREST FREEZE): If Seller experiences an urgent life event and requests an accelerated lump-sum cashout of the remaining principal balance, Seller may deliver written notice to Buyer. All ongoing interest accruals shall immediately cease as of the notice date. Buyer shall process and close the net principal payoff within sixty (60) days through a title agency of Buyer's choice, contingent upon Seller executing a full mortgage release and any required corrective instruments.
Life happens, and we keep things flexible. If you ever need your remaining principal in one lump sum for a medical bill, family event, or emergency, send us written notice. Your interest pauses, and we close your full cash payoff within 60 days!
12. ASSIGNABILITY & BINDING EFFECT: This contract is binding upon and shall inure to the benefit of the parties, their respective heirs, personal representatives, successors, and assigns. Buyer may freely assign its rights and obligations under this agreement to a related entity or holding trust without releasing Seller from performance.
Long-term generational security. Your monthly payments are legally protected and continue paying out to your family or heirs no matter what changes in the future.
13. DEFAULT, SPECIFIC PERFORMANCE & ATTORNEY'S FEES: This agreement shall be governed by and construed under the laws of the State of Florida, with exclusive venue in the county where the Property is located. If Seller fails, neglects, or refuses to perform Seller's obligations hereunder, Buyer may enforce this agreement through specific performance in equity and/or seek damages. In any litigation arising out of or related to this agreement, the prevailing party shall be entitled to recover reasonable attorneyâs fees and court costs at all trial and appellate levels.
Mutual fairness and accountability. Both sides commit to the deal under Florida law. If either party defaults, the prevailing party has their legal fees coveredâkeeping everyone focused on a seamless, professional closing! đ€