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Form 8883 online Miramar Florida: What You Should Know
This is a 175,000 purchase. Buyer will pay 2,900 to 5,000 per month in monthly management fees. A monthly management fee rate of 1.40 is payable in full in twelve installments of 20% of sale of property. On sale Date, Seller is required to post 10% of sale Proceeds to Seller for any expenses or damages caused by default of Buyer. Buyer who remains after first payment may receive 30% of sale proceeds, and may make additional payments. Seller agrees that it has the right to charge Seller's Management Fee (the payment of which is considered non-refundable) of 6,450 per month after sale proceeds have been received, until such time as the total of the management fee paid by Seller and the annual management fee payable to Seller by Buyer equal the least of 4,400 or the amount by which the Sales Price plus the Buyer's Management Fee exceeds the total of: (i) 25,000, (ii) the Purchase Price without fees paid, and (iii) any amount, if greater, paid due to Seller as a result of Seller being delinquent on any other debt. The annual management fee will be 1,200.00 on January 1st and 1,700 from January 1st to May 31st, 2018. All fees are non-refundable. For more information, contact the broker: Joe's Realty, Inc.. 8989 SW 33RD CT, MIRAMAR, FL 33025 TEL 5D. Property Sale 150,000. This is a 150,000 sale. Buyer will pay 1,950 to 4,200 per month in monthly management fees. A monthly management fee rate of 1.40 is payable in full in twelve installments of 20% of sale of property. On sale Date, Seller is required to post 15% of the sale proceeds to Seller for any expenses or damages caused by default of Buyer. Buyer who remains after first payment may receive 30% of the sale proceeds, and may make additional payments.
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