Real Estate Owned Document

REAL ESTATE OWNED DOCUMENT

Parties and Recitals

This Real Estate Owned Document is entered into on this date: by and between:

Individual Corporation Limited Liability Company Partnership Other

WHEREAS, Owner holds legal or equitable interests in one or more real properties described below and desires to record and certify such holdings for business, financing, management, or regulatory purposes; and

WHEREAS, Counterparty has been engaged to provide services related to the management, valuation, disposition, or financing of Owner's real estate assets as described in the Scope of Work below; and

WHEREAS, the parties desire to set forth the rights, duties, payment terms, confidentiality obligations, and governing law applicable to the relationship with respect to the real property interests listed herein.

Property Schedule (Real Estate Owned)

List each property owned by Owner. Provide complete addresses, legal descriptions, ownership percentage, existing encumbrances, and acquisition dates. Attach additional sheets if necessary (each sheet must be signed).

Property 1

Property 2

Property 3

Scope of Work

Describe the specific services to be performed with respect to the properties listed above, including valuation, management, disposition, record maintenance, or financing assistance.

Payment Terms

Term and Termination

This Document commences on: and continues until: unless earlier terminated in accordance with this section.

Either party may terminate this Document for material breach that remains uncured after the notice period described above. Termination shall not relieve either party of obligations accrued prior to termination, including payment obligations and confidentiality duties.

Confidentiality

Each party shall maintain as confidential all non-public information of the other party obtained in connection with this Document, including financial data, title documents, appraisal reports, tenant information, and strategic disposition plans ("Confidential Information"). Confidential Information shall not be disclosed except to those employees, agents, or professional advisors having a need to know and who are bound by confidentiality obligations at least as protective as those set forth herein. The obligations in this paragraph survive termination or expiration of this Document for a period of three (3) years.

Representations and Certifications

Owner represents and warrants that, to the best of Owner's knowledge, the information supplied in this Document is true and accurate, that Owner has full authority to disclose the listed property interests, and that Owner has not withheld any material facts that would affect title, encumbrances, or marketability. Owner certifies that no pending litigation, bankruptcy petition, or regulatory proceeding exists that would materially impair the properties listed unless specifically noted herein.

Governing Law; Entire Agreement

This Document shall be governed by and construed in accordance with the laws of the state or jurisdiction identified by Owner as the principal location of the real property interests. Any disputes arising out of or relating to this Document shall be resolved in accordance with such law. This Document, together with any attachment signed by the parties, constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior written or oral agreements, representations, and negotiations. No amendment to this Document shall be effective unless made in writing and signed by both parties.

Notices

Miscellaneous Provisions

If any provision of this Document is held invalid or unenforceable, the remaining provisions shall continue in full force and effect. Neither party may assign its rights or obligations under this Document without the prior written consent of the other party, except that Owner may assign rights to a successor in interest to the real property listed herein.

The parties acknowledge that they have read and understood this Document and that they are authorized to execute it on behalf of the party they represent.

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