Equity Share Agreement Template With Real Estate In Phoenix

State:
Multi-State
City:
Phoenix
Control #:
US-00036DR
Format:
Word; 
Rich Text
Instant download

Description

The Equity Share Agreement template with real estate in Phoenix outlines a partnership arrangement between two investors, termed Alpha and Beta, who aim to purchase a residential property for investment. Key features of the form include specific clauses detailing the purchase price, down payment contributions from each party, and shared responsibilities for expenses such as escrow costs and maintenance. The agreement also forms a tenant-in-common ownership structure and establishes terms for refinancing, occupancy, and distribution of proceeds upon sale. Furthermore, it includes provisions for additional capital contributions, arbitration for disputes, and stipulations regarding the death of either party. It's particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in real estate transactions, as it provides a clear framework for managing shared investments and legal obligations while ensuring mutual benefits and protections for the parties involved.
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FAQ

You can figure out how much equity you have in your home by subtracting the amount you owe on all loans secured by your house from its current value, which you can determine with a formal appraisal or simply estimate using online tools.

Equity agreements commonly contain the following components: Equity program. This section outlines the details of the investment plan, including its purpose, conditions, and objectives. It also serves as a statement of intention to create a legal relationship between both parties.

Equity agreements allow entrepreneurs to secure funding for their start-up by giving up a portion of ownership of their company to investors. In short, these arrangements typically involve investors providing capital in exchange for shares of stock which they will hold and potentially sell in the future for a profit.

Let's say your home has an appraised value of $250,000, and you enter into a contract with one of the home equity agreement companies on the market. They agree to provide a lump sum of $25,000 in exchange for 10% of your home's appreciation. If you sell the house for $250,000, the HEA company is entitled to $25,000.

Location. Your property must be located in a state served by Unlock: Arizona, California, Florida, Michigan, New Jersey, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Utah, Virginia or Washington state.

An equity agreement, often referred to as a shareholder agreement or a shared equity agreement, is a legal contract that defines the relationship between a company and its shareholders. It specifies the rights, duties, and protections of shareholders, as well as the operational procedures of the company.

These agreements let you access funds in exchange for a share of your property's future appreciation. Some or all of the mortgage lenders featured on our site are advertising partners of NerdWallet, but this does not influence our evaluations, lender star ratings or the order in which lenders are listed on the page.

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Equity Share Agreement Template With Real Estate In Phoenix