Land Purchase Reservation Agreement

    This Land Purchase Agreement (“Agreement”) is entered into on this by and between:

    Seller: Next Street Associates, a Florida limited liability company, with principal office located at [SELLER ADDRESS] (“Seller”), and Buyer: with mailing address at (“Buyer”).

    1. Purpose

    Buyer desires to purchase a parcel of land to be identified by Seller (the “Property”), and Seller agrees to hold such Property for Buyer upon receipt of a deposit, subject to the terms of this Agreement.

    2. Deposit and Reservation

    Buyer shall pay a deposit in the amount of $1,000 (“Deposit”) to Seller upon execution of this Agreement. This Deposit secures Buyer’s right to purchase the Property and shall be credited toward the final purchase price at closing.

    3. Final Purchase Price and Notification

    Once the Property is ready for closing and all necessary approvals and documentation are in place, Seller shall notify Buyer in writing of the final purchase price and the remaining balance due (the “Closing Notice”). The Buyer agrees to remit the remaining balance within 10 days of receipt of the Closing Notice.

    4. Closing

    Closing shall occur within 90 days or less after Buyer remits the remaining balance. At Closing, the Seller shall convey good and marketable title to the Property to Buyer by [warranty deed/special warranty deed or any other agreements], free and clear of all liens except those disclosed.

    5. Refunds and Forfeiture

    The Deposit is non-refundable prior to Closing unless the Seller is unable to deliver the Property as promised, in which case the Deposit shall be returned in full.

    6. Miscellaneous

    • This Agreement does not constitute a sale of real property, but a reservation to purchase.
    • This Agreement shall be governed by the laws of the State of Florida.
    • Any modifications must be in writing and signed by both parties.

    Buyer Information

    Name: Email: Phone: Address: Date:

    Signature:

     [signature* buyer-signature]

    I have read and agree to the terms outlined above.

    Joe Giuliano

    Director

    Position at NSA: Joe is an accounting and finance professional with over 25 years of experience in finance. He advises Next Street on internal policies and procedures, periodic financial reporting, capital accounts and distributions, and special projects.

    Experiences: Previously Joe served as controller at Sustainable Sprinkler LLC a boutique software development company with a patented new technology in saving water for irrigation systems. Prior to that he served as controller with The Agean Group. Joe’s expertise in a wide range of marketing, finance and business functions, as well as significant capital markets and M&A experience, helps position NSA for continued customer growth and long-term success. His background is deeply rooted in public accounting. In addition, he has recent experience in building out the finance functions at multiple
    public companies.

    Education/Affiliations: Joe has a B.A. in Accounting and Finance from FIU College in Miami, Florida. Advisor to Brampton Crest International a publicly traded company.

    This will close in 20 seconds

    H Cass

    Director

    Position at NSA: Howard is a real estate planner and investor with over 40 years of experience in private real estate development and construction. He has several properties both in the United States and Europe that have been developed for income production and appreciation value. He brings expertise in identifying market trends as well as controlling development and property management costs.
    Experiences: He cofounded Cass Crosier Greenberg & Associates. developed one of the largest structural engineering portfolios in Canada and South Africa as a division of BACM (British American Construction Management). He founded Nova Construction in 1982, a home improvement and new construction company to take advantage of the opportunities opened by hurricane Andrew. He created and funded Miami Community Acres and Royal Palm Acres (both raw land investment properties in Miami and outside Orlando, FL), which were all sold to Lennar Homes, one of the largest real estate development companies in South Florida.
    Education/Affiliations: in 1976 while attending University of Manitoba in Environmental Studies as a prerequisite to Architecture in 1976 while attending University of Manitoba in Environmental Studies.

    This will close in 20 seconds