A Way To Earn More
How the EZLOT Equity Share program works for both of us.
| What You Earn | What You Keep |
|---|---|
| Full Sales Price | Simple Interest (Paid Monthly) |
| Steady Passive Income | Savings on Fees (We cover standard closing costs) |
| Cash Out Flexibility | Guaranteed Interest Bonus (If paid early) |
1. THE PARTIES: This agreement is between Seller Name ("Seller") and Equity Zone Land Ownership Terms LLC (EZLOT LLC) ("Buyer").
This officially names you as the seller and us as the buyer, keeping everything perfectly transparent and legal for your protection.
2. THE PROPERTY: Seller agrees to sell: a parcel with ID# STRAP/APN located at the address on file.
We pull your exact parcel details straight from the county database so we are completely aligned on the precise boundaries of the land.
3. FINANCIAL DETAILS: We have structured this sale to provide the Seller with both immediate cash and a monthly return. Both parties agree to the following terms:
Total Due at Closing
$,$$$.00
($,$$$ Down + 1st Installment)
Contract Purchase Price:
$$,$$$.00
Term:
108 Months (9 Years)
Interest Rate:
4.25% (Simple)
Monthly Installment:
$$$.00
Monthly Payments mailed to:
Enter Mailing Address (Street, City, ST, Zip)
This is a live look at your numbers. By letting us pay you over time with simple interest, you act like the bank and maximize your final payout!
4. CLOSING & SECURITY INSTRUMENTS: Closing will take place through a licensed title or escrow agent. To secure the unpaid balance of the purchase price, the Buyer will execute a Promissory Note and a Purchase Money Mortgage in favor of the Seller. This Mortgage will be recorded as a valid lien against the property in public records concurrently with the Deed.
We close safely using a licensed title company. You get a recorded, first-position mortgage lien on the land until you're paid off completely.
5. POSSESSION, USE & WRAP RIGHTS: From the date of closing, the Buyer takes full legal ownership and has the unrestricted right to use, improve, lease, or resell the land, including the absolute right to convey the property to a subsequent buyer utilizing wrap-around owner financing. Any value added to the property or financial spread generated through a future sale belongs entirely to the Buyer.
Once we close, we handle all maintenance, marketing, and developments. Your only job is watching the monthly checks arrive into your account.
6. CONVEYANCE OF TITLE AT CLOSING: At closing, the Seller shall execute and deliver a standard Statutory Warranty Deed conveying clean, marketable fee simple title to the Buyer, free and clear of all prior encumbrances, judgments, or back taxes, which shall be settled directly out of the Buyer's upfront closing funds.
You sign the deed at closing, and any old back taxes or liens are completely wiped out using our closing cash!
7. TAXES & MAINTENANCE: The Buyer assumes full responsibility for property taxes, assessments, and maintenance starting from the exact date of closing. The Seller is relieved of all ongoing carrying costs associated with the property.
Say goodbye to county property tax bills and municipal notices. We assume 100% of the ongoing financial liabilities immediately.
8. PREPAYMENT & GUARANTEED INTEREST PAYOUT: If the Buyer chooses to pay off the remaining principal early, the Seller will receive a Guaranteed Interest Payout (equal to 12 months of simple interest) added directly to their final payoff check. This ensures a fair minimum return regardless of term length. This guaranteed payout is entirely waived if the Seller chooses the accelerated Life Event Cashout Option under Section 9.
If we decide to payoff the loan early, you get a guaranteed 12-month interest bonus added on the check!
9. LIFE EVENT CASHOUT OPTION (INTEREST FREEZE): If the Seller requests to receive their remaining Principal in one lump sum, they may request an accelerated payoff with written notice. All ongoing interest obligations shall completely cease as of the exact date this notice is issued. Buyer will process and close the payoff within sixty (60) days through a licensed title or escrow agent of the Buyer's sole choice, contingent upon the Seller providing all necessary cooperation to release the original mortgage lien.
Need your full cash balance all at once later? Just submit a written notice. Your monthly interest pauses, and we will close and pay your remaining principal within 60 days.
10. BINDING EFFECT: This agreement is binding upon the parties, their heirs, executors, and permitted successors. This ensures the continuity of payments and property rights regardless of future changes for either party.
This legal safety net guarantees that your monthly income stream is protected and continues paying out directly to your family or heirs no matter what.