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AFFILIATED BUSINESS ARRANGEMENT DISCLOSURE STATEMENT NOTICETo:Property:Buyer(s) and Sellers(s)From: Reliant Realty, LLCDate:This is to give you notice that Reliant Realty, LLC has a business relationship with the following settlement servicesproviders:Signature Title Services, LLC. Signature Title Services, LLC is owned 50% by Reliant Holdings, LLC and 50%by New Paradigm Holdings, LLC. Reliant Realty, LLC is also owned 81% by Reliant Holdings, LLC and 19% byNew Paradigm Holdings, LLC.Prime Residential Marketing and Management, LLC d/b/a Reliant Realty Property Management. PrimeResidential Marketing and Mangement, LLC is owned 50% by Reliant Holdings, LLC and 50% by New ParadigmHoldings, LLC. Reliant Realty, LLC is also owned 81% by Reliant Holdings, LLC and 19% by New ParadigmHoldings, LLC.Harpeth Escrow, LLC. Reliant Holdings, LLC has a 50% financial interest in Harpeth Escrow, LLC. ReliantRealty, LLC is owned 81% by Reliant Holdings, LLC.Reliant Realty Auction Division, LLC. Reliant Realty Auction Division, LLC is owned 49.5% by ReliantHoldings, LLC and 49.5% by New Paradigm Holdings, LLC. Reliant Realty, LLC is owned 81% by Reliant Holdings,LLC and 19% by New Paradigm Holdings, LLC.Double R Ventures. Double R Ventures is owned 100% by Reliant Holdings, LLC. Reliant Realty, LLC is alsoowned 81% by Reliant Holdings, LLC.Prime Lending Ventures. Prime Lending Ventures is owned 49% by Double R Ventures, LLC. Double R Venturesis also owned 100% by Reliant Holdings, LLC. Reliant Realty is also owned 81% by Reliant Holdings, LLC.Because of these relationships, this referral may provide Reliant Realty, LLC a financial or other benefit.Set forth below is the estimated charge or range of charges for the settlement services listed. You are NOT requiredto use the listed provider(s) as a condition for the settlement of your loan on, or your purchase, sale, or refinance of,the subject property. THERE ARE FREQUENTLY OTHER SETTLEMENT SERVICE PROVIDERS AVAILABLEWITH SIMILAR SERVICES. YOU ARE FREE TO SHOP AROUND TO DETERMINE THAT YOU ARERECEIVING THE BEST SERVICES AND THE BEST RATE FOR THESE SERVICES.Settlement Service ProvidersSignature Title Services, LLCPrime ResidentialManagement, LLCMarketingandReliant Realty Auction Division, LLCHarpeth Escrow, LLCCharge or Range of ChargesProvides settlement, title insurance and closing services. The typical feescharged by Signature Title Services, LLC are: 375 415 for Search andsettlement and 75 175 for closings. Title insurance fees are based onunderwriting requirements, but are typically in the range of 2.50 5 / 1000insured.Provides Property Management Services.The typical fees of PrimeResidential Marketing and Management, LLC d/b/a/Reliant Realty PropertyManagement is 10% of the gross rents collected.Provides auction services. A 3 16% commission is received by ReliantRealty Auction Division, LLC on each sale depending on the terms.Provides settlement, title insurance and closing services. The typical feescharged by Harpeth Escrow, LLC are: 375 650 for Search and settlementand 75 250 for closings. Title insurance fees are based on underwritingThis document was generated using the Instanet Forms Document Management Service, www.instanetforms.com.
AFFILIATED BUSINESS ARRANGEMENT DISCLOSURE STATEMENT NOTICE (CONT.)requirements, but are typically in the range of 2.50 5/ 1000 insured.Settlement ServiceProvidersPrime Lending Ventures, LLCCharge or Range of ChargesProvides Mortgage Origination services. They typical fees charged by PrimeLending Ventures are: 800 1000 for processing and underwriting plus 0 2%of the loan amount for Origination.ACKNOWLEDGMENTI/we have read this disclosure form, and understand that Reliant Realty, LLC is referring me/us to purchase theabove described settlement service(s) and may receive a financial or other benefit as the result of this referral.Signature - BuyerSignature - SellerPrinted Name - BuyerPrinted Name - SellerDateDateThis document was generated using the Instanet Forms Document Management Service, www.instanetforms.com.
reliantrealtyBASE COMMISSION DISCLOSURExxIf Reliant Realty is representing the client on the purchase of a property, please complete and sign section # 1 ("Disclosure For The Buyer").If Reliant Realty is representing the client on the Sale of a property, please complete and sign section # 2 ("Disclosure For The Seller").SECTION # 1: BASE COMMISSION DISCLOSURE ADDENDUM FOR THE BUYERThis Addendum is an addendum to the Buyer Representation Agreement (Exclusive Right to Buy) Buyer Agency (the “Agreement”) entered intoReliant Realtybetween: (“Broker”)And: (“Buyer(S)”)&and is effective as of the last date signed below:1.In addition to those amounts which Buyer has agreed to pay Broker (under Paragraph 3 of the Agreement) as consideration for Broker’sperformance of the duties set forth in the Agreement, Buyer does hereby agree to pay Broker an additional 349 in the event (a) anagreement is executed for Buyer to purchase, lease or exchange, or Buyer exercises an option for, any property encompassed by theAgreement, and (b) said contract is actually closed by Buyer. This amount shall be due upon the closing of the contract by Buyer. Thisadditional compensation is compensation to Broker, and is not paid to or split with any outside real estate agent or firm.2.To the extent any provision of this Addendum is in conflict with any provision of the Agreement, the terms of this Addendum shall governand supersede. It is the intent of the parties that all other terms of the Agreement which have not specifically been modified orsuperseded by this Addendum shall remain in full force and effect.N/AWE HAVE READ AND UNDERSTAND BASE COMMISSION DISCLOSURE ADDENDUM FOR THE BUYER AND AGREE TO ITS TERMS.Buyer #1:Date:Buyer #2:Date:SECTION # 2: BASE COMMISSION DISCLOSURE ADDENDUM FOR THE SELLERThis Addendum is an addendum to the Exclusive Right to Sell Listing Agreement (Seller Agency) (the “Agreement”) entered into between:Reliant Realty(“Broker”)&And: (“Seller(S)”)Property:and is effective as of the last date signed below:1.In addition to those amounts which Seller has agreed to pay Broker (under Paragraph 6 of the Agreement) as consideration for Broker’sperformance of the duties set forth in the Agreement, Seller does hereby agree to pay Broker an additional 349 in the event that anycompensation is earned by Broker pursuant to Paragraph 6 of the Agreement. This additional amount shall be due upon the closing of thecontract by Seller. This additional compensation is compensation to Broker, and is not paid to or split with any outside real estate agentor firm.2.To the extent any provision of this Addendum is in conflict with any provision of the Agreement, the terms of this Addendum shall governand supersede. It is the intent of the parties that all other terms of the Agreement which have not specifically been modified orsuperseded by this Addendum shall remain in full force and effect.WE HAVE READ AND UNDERSTAND BASE COMMISSION DISCLOSURE ADDENDUM FOR THE SELLER AND AGREE TO ITS TERMS.Seller #1:Date:Seller #2:Date:This document was generated using the Instanet Forms Document Management Service, www.instanetforms.com.
reliantrealtyDISCOUNTED COMMISSION FOR BUNDLED SERVICES NOTICETo:Seller(s)Property:From:Reliant Realty, LLCDate:We sincerely appreciate the faith you've shown in choosing us to represent you and fulfill your real estate needs. In an effort to maximizeefficiency and ensure successful transactions while minimizing expenses to you, our clients, Reliant Realty continually strives to provide you withthe latest in real estate tools, service arrangements and cost cutting measures inherent with combined services in accordance with the Real EstateSettlement and Procedures Act of 1974. To reach that goal, we've joined with our preferred partners, Signature Title Services, LLC and inSITEMortgage Funding, LLC, an affiliate of PNC Bank, to provide you with bundled services that allows for a discount of Reliant Realty’s Base BrokerageCommissions and a direct savings for you. This document serves to provide notice that Reliant Realty, LLC has a business relationship with thesettlement services providers (listed on page 2 of this document) that, if selected by you, may result in Reliant Realty discounting its basebrokerage commission. Per RESPA guidelines, this offer must be extended to all Reliant Realty clients uniformly and is therefore a required part ofall contracts whether you, Reliant Realty's client, should choose to use any of Reliant Realty's affiliated companies or preferred vendors.The Real Estate Settlement Procedures Act (RESPA) is a consumer protection statute, first passed in 1974. The purposes of RESPA are to helpconsumers become better shoppers for settlement services and to eliminate kickbacks and referral fees that unnecessarily increase the costs ofcertain settlement services. RESPA covers loans secured with a mortgage placed on a one-to-four family residential property. These include mostpurchase loans, assumptions, refinances, property improvement loans, and equity lines of credit. RESPA requires that borrowers receivedisclosures at various times. Some disclosures spell out the costs associated with the settlement, outline lender servicing and escrow accountpractices and describe business relationships between settlement service providers. RESPA also prohibits certain practices that increase the cost ofsettlement services. Section 8 of RESPA prohibits a person from giving or accepting anything of value for referrals of settlement service businessrelated to a federally related mortgage loan. It also prohibits a person from giving or accepting any part of a charge for services that are notperformed. Section 9 of RESPA prohibits home sellers from requiring home buyers to purchase title insurance from a particular company. - U.SDepartment of Housing and Urban Development, 2013You are NOT required to use Signature Title Services, LLC or inSITE Mortgage Funding, LLC as a conditionfor the purchase or sale of this or any property.Signature Title Services Usage: If you choose to use our preferred title and escrow company, Signature Title Services, LLC, you'll receive a discountof Reliant Realty’s 349.00 base commission in addition to all (if any) discounts offered by other preferred and/or affiliated companies that may beengaged, at your request, to facilitate the successful completion of this real estate transaction. Discounts to Reliant Realty's base brokeragecommission for choosing to close with Signature Title Services, LLC are as follows:Reliant Realty represents ONE party of the transaction who chooses Signature Title Services, LLCReliant Realty represents BOTH parties of the transaction and BOTH parties choose Signature title Services, LLC 100 discount 449 discount**Note** In the event that Reliant Realty represents BOTH parties of the transaction and BOTH parties choose Signature title Services, LLCresulting in Reliant Realty discounting its Base Brokerage Commission by a total 449, the party paying for title insurance shall receive a discount of 349 and the party shall receive a discount of 100, for a total discount of 449.In addition, for all commissions equal or below 1,400, a flat 25% of the entire commission due Reliant Realty will be discounted by Reliant Realty ifboth the sellers and buyers of this transaction close with Signature Title Services. If only one side closes with Signature Title Services then a flat 8%of the entire commission due Reliant Realty will be discounted by Reliant Realty. I/We have chosen to use Signature Title Services, LLC, the preferred closing and settlement affiliate of Reliant Realty.I/We have chosen NOT to use Reliant Realty’s preferred settlement affiliate and understand that NO discounts are to be applied.inSITE Mortgage Funding, LLC - an affiliate of PNC Bank NA: If you choose to use our preferred lending affiliate, inSITE Mortgage Funding, LLC,off Reliant Realty’s 349.00 base commission in addition to all, if any, discounts offeredyou'll receive an additional discount of by other preferred and/or affiliated companies that may be engaged, at your request, to facilitate the successful completion of this real estatetransaction.I/We have chosen to use inSITE Mortgage Funding, LLC, an affiliate of PNC Bank, the preferred lending affiliate of Reliant Realty. I/We have chosen NOT to use Reliant Realty’s preferred lending affiliate and understand that NO discounts are to be applied.Reliant’s Client 1Reliant’s Client 2Reliant Realty’s AgentJames W. McCormackThis document was generated using the Instanet Forms Document Management Service,www.instanetforms.com.
HOLD HARMLESS AGREEMENTTo: Whom It May ConcernBuyer(s) and Seller(s)From: (ClientName)Re: (Property Address)For good and valuable consideration, the receipt and sufficiency of which is hereby acknowledge, Ihereby agree to indemnify, defend and hold harmless Reliant Realty LLC and their respective agents,employees, heirs, assigns, officers and/or director from any and all claim, damage, cost, liability and/orcost arising in any form, in connection with the condition of the dwelling, title and transfer of theproperty.EXECUTED THIS day of , 20 .Buyer SignatureSeller SignatureThis document was generated using the Instanet Forms Document Management Service, www.instanetforms.com.
Residential Marketing and Management, LLC d/b/a/Reliant Realty Property Management is 10% of the gross rents collected. Reliant Realty Auction Division, LLC Provides auction services. A 3 16% commission is received by Reliant Realty Auction Division, LLC on each sale depending on the terms.
