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Oakmont Capital LLC
(772) 233-5058
19825-B North Cove Rd, Unit 180
Cornelius, North Carolina 28031

Option to Purchase Real Estate Agreement

“Joint Venture Agreement”

Optionor: Oakmont Capital, LLC

Optionee:

Property:

1.Consideration

In exchange for $1.00 and other good and valuable consideration, Oakmont Capital, LLC (“Optionor”) gives the Optionee the non-exclusive right to bring a buyer for the property listed above.

2.Term

The Option begins on the signing date and expires , 20 at 11:59 p.m. Optionee must use Optionor’s Purchase Agreement. Optionor retains the right to choose the closing attorney.

3.Profit Split

Net proceeds from the transaction (after closing costs, taxes, and any agreed expenses) shall be distributed as follows:

  • to Optionor
  • to Optionee
4.Right to Cancel

Optionor may cancel this agreement at any time prior to Optionee giving to Optionor an accepted purchase agreement. If this agreement is cancelled prior to receiving a deposit, Optionee may not engage in any transaction related to the above-mentioned property.

5.Disclosures
Optionee a licensed real estate broker and/or agent.

Optionee will be making a profit from this transaction and is not representing any party.

6.Additional Provisions
    By signing below, both parties understand and agree to the terms and conditions of this Joint Venture Agreement.
    Optionor Signature:
    Date:
    Jordan Fenlason, Manager — Oakmont Capital LLC
    (772) 233-5058 | jordan@solutionhomebuyers.com
    Optionee Signature:
    Date:

    Name / Title:

    Phone / Email: