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RENT TO GROW live. learn. earn. PROGRAM DETAILS Rent at a CASTO community and choose CASTO Residential Realty as your licensed real estate broker in the purchase of any home, including an existing home, new build or condominium from any owner. We’ll give you up to 10% of your total rent paid (for up to 24 months) at closing* as our way of saying thanks for choosing a CASTO community and CASTO Residential Realty. *See terms and conditions. HERE’S THE MATH $800 monthly rent x 24 months = $19,200 10% back = $1,920 $1,000 monthly rent x 24 months = $24,000 10% back = $2,400 CRYSTAL LEUKART KATRINA LYUBIMOVA 250 Civic Center Drive, Suite 500 | Columbus, Ohio 43215 614.744.2098 | [email protected] | www.castoresidentialrealty.com RENT at a CASTO Community. ENROLL in the Rent to Grow Program. CONTACT a CASTO Residential Realty agent at 614.744.2098 or at [email protected] RECEIVE up to 10% of your total rent toward your closing costs. When you enroll with CASTO Residential Realty’s Rent to Grow Program Meet Our Team EARN MONEY TOWARDS THE PURCHASE OF A NEW HOME

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Page 1: EARN MONEY - CASTOcastorealtygroup.com/wp-content/uploads/2018/04/... · live. learn. earn. PROGRAM DETAILS Rent at a CASTO community and choose CASTO Residential Realty as your licensed

RENT TOGROWlive. learn. earn.

PROGRAM DETAILSRent at a CASTO community and choose CASTO Residential Realty as your licensed real estate broker in the purchase of any home, including an existing home, new build or condominium from any owner. We’ll give you up to 10% of your total rent paid (for up to 24 months) at closing* as our way of saying thanks for choosing a CASTO community and CASTO Residential Realty. *See terms and conditions.

HERE’S THE MATH$800 monthly rent x 24 months = $19,200 10% back = $1,920

$1,000 monthly rent x 24 months = $24,000 10% back = $2,400

CRYSTAL LEUKART KATRINA LYUBIMOVA

250 Civic Center Drive, Suite 500 | Columbus, Ohio 43215 614.744.2098 | [email protected] | www.castoresidentialrealty.com

RENTat a CASTO Community.

ENROLLin the Rent to Grow Program.

CONTACTa CASTO Residential Realty agent at 614.744.2098 or at [email protected]

RECEIVEup to 10% of your total rent toward your closing costs.

When you enroll with CASTO Residential Realty’s Rent to Grow Program

Meet Our Team

EARN MONEYTOWARDS THE PURCHASE OF

A NEW HOME

Page 2: EARN MONEY - CASTOcastorealtygroup.com/wp-content/uploads/2018/04/... · live. learn. earn. PROGRAM DETAILS Rent at a CASTO community and choose CASTO Residential Realty as your licensed

RENT TO GROW TERMS & CONDITIONS

CASTO Residential Realty reserves the unilateral and unequivocal right to terminate this agreement, at any time and for any reason, in CASTO Residential Realty’s sole and absolute discretion, upon written notice to the Tenant. In the event of termination by CASTO Residential Realty, the terms and conditions of the Rent to Grow Program shall be null and void and neither the Landlord, CASTO Residential Realty, or any of their respective agents, employees, or affiliates shall have any further obligations whatsoever, including, without limitation, any obligation to pay the Rent to Grow Contribution or any other monies towards the Tenant’s purchase of any Home.

Initials Initials

The undersigned acknowledges that he/she has read this agreement and agrees to the terms and conditions stated herein.

Signature

Print Name

Date

Signature

Print Name

Date

TERMS AND CONDITIONSCASTO Residential Realty will make the Rent to Grow Contribution, subject to the following terms and conditions:

The purchase price of the Home must be at least One Hundred Fifty Thousand Dollars ($150,000). Although Homes with a purchase price that is less than One Hundred Fifty Thousand Dollars ($150,000) do not qualify for the Rent to Grow Contribution, subject to all the other terms and conditions of this agreement, CASTO Residential Realty may elect to provide Tenant a prorated contribution, at CASTO Residential Realty’s sole discretion.

Maximum Rent to Grow Contribution from CASTO Residential Realty shall not exceed one percent (1%) of the purchase price of the Home.

The Tenant must enter into a purchase agreement for the purchase of the Home no later than thirty (30) days after the expiration or termination of the Rental Agreement.

The Tenant must use CASTO Residential Realty as it exclusive brokerage for the pur-chase of the Home and the Tenant agrees to execute any and all of CASTO Residential Realty’s agency agreements and related documentation.

The Tenant must, at all times this agreement is effective, be in good standing (i.e. not in default) under the terms of the Rental Agreement.

At least one Tenant listed on the Rental Agreement must be a party to the purchase agreement for the purchase of the Home.

The owner and/or seller of the Home must agree to pay a real estate commission to CASTO Residential Realty of at least three percent (3%) of the purchase price of the Home.

One Rent to Grow Contribution is available per Rental Agreement. If more than one individual is identified as the “Tenant” under a Rental Agreement, all individuals identified as the “Tenant,” shall designate which individual is to receive the Rent to Grow Contribution, in a writing delivered to CASTO Residential Realty. The Rent to Grow Contribution is non-transferable and may not be used by anyone other than a Tenant.

The Rent to Grow Program and Rent to Grow Contribution will be disclosed as an inducement in the purchase agreement for the purchase of the Home.

CASTO Residential Realty, Landlord and their respective agents, employees, and affiliates assume no liability for damages, losses, or injury resulting from participation in the Rent to Grow Program, or from the acquisition, use, or occupancy of the Home and the undersigned hereby expressly releases CASTO Residential Realty from any and all such liability.

Taxes, if any, on the Rent to Grow Contribution received by Tenant under the Rent to Grow Program, and any and all other costs incurred in connection with the acquisition of a Home, are the sole responsibility of, and shall be paid by the Tenant.

DEFINITIONSCASTO Residential Realty: CASTO Communities Management, LLC, a limited liability company and a licensed Ohio real estate brokerage.

Home: A single-family residential proper-ty located in Franklin County, Ohio (or a County abutting Franklin County, Ohio), that the Tenant intends to purchase for use as the Tenant’s primary place of residence.

Landlord: The owner of the apartment the Tenant is leasing.

Rental Agreement: The agreement between the Landlord and the Tenant for the rental of the apartment for a specified period of time.

Rent to Grow Contribution: An amounst not to exceed ten percent (10%) of the Tenant’s total base rent paid for the last twenty-four (24) months of a Tenant’s apartment occupancy pursuant to a Rent-al Agreement, subject to all the terms and conditions set forth in this agreement.

Tenant: The person or persons who are identified in a Rental Agreement with the Landlord as a “tenant”. For purposes of this agreement, a “Tenant” must be over 18 years of age.