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​rev 30july16 @ 0743 MST


Transaction —  ​​​

​​Parties/guarantors, to issue/accept conditional commitments 'CC​'​ to exchange performance &/ payment ​ via a
Special Purpose Facility 'SPF'​ for limited legal services of matching, clearing, & settlement of ​private transaction/s via Guarantor escrow & custody accounts ​ CC's to be structured in an offsetting manner by
SPF Attorney having effective performance guaranty​, under condition of SPF receiving from Service Buyer, a ​$25,000 Service Fee.Funds &/ Funding — ​ ​​​

​​Service Seller to leverage Service Buyer Guarantor CC of value ​ ​​in exchange for funds​ / funding via SPF ​under these conditions:

1st   Service Buyer to copy & email to Service Seller, this CC with completed yellow highlight items —​ ​to strike out (no delete) as need —​ to insert any comments —​ to send proof of Service Fee, account & signatory holder, proof of transaction performance & payment, and other as required;
2nd   Service Seller to issue draft CC with completed green highlight for Service Buyer acceptance and to pay Service Fee in exchange for SPF email / SWIFT instructions;
3rd   Service Buyer Guarantor to issue via SPF email / SWIFT, CC to exchange negotiable instruments of ​Property description, full ​appraisal with title search, & market $value / Guaranty type & payer, face $value, & due date;
4th   Service Seller Guarantor to respond via SPF email / SWIFT​, CC to exchange within 28±​days after certain condition/s are fulfilled ​ ​Guarantor CC of Guaranty/s due in 180±days ​​ to pay funds / funding   equal to property market value± or guaranty face value±​
5th   SPF to call & settle CC's —

1.  Service Buyer Guarantor CC's for payoffs;

2.  Service Buyer CC's for cashouts;

3.  Cashout 7.5% discounts and required SPF Service Costs; to be deducted from proceeds;

4.  ​Other as agreed​​ ​​

Glossary — 
Go to http://www.usasset.com/FAQs for blue letter word and other info.
End of CC, signature page upon receipt of vCard/s​​ & mutual approval of DRAFT.

 

Your online review is Welcome  – also see About Us.

Email: fred@usasset.com — Phone: +1 (702) 944-0375 — Skype: +1 (702) 660-5505 Visit: www.usasset.com

 For Accredited or Sophisticated Service Buyers Only

Subject to change.

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