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Mutual Release - 2024-10-02 - 254 Bowmanville St, Akron, OH 44305.pdf

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dotloop signature verification: dtlp.us/n0XK-SKQa-GQbD Docusign Envelope ID: 265745A3-BCB1-4B83-B2CC-76E07B412765 “This form is being provided as a suggested sample and/or example. Yes-MLS dba MLS Now does not require users to use this particular form. Broker is responsible for ensuring compliance with all laws and regulations and MLS Now is not providing you with any legal advice. MLS Now makes no representations or warranties, express or implied, regarding accuracy, quality, suitability or fit

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Docusign Envelope ID: 265745A3-BCB1-4B83-B2CC-76E07B412765
“This form is being provided as a suggested sample and/or example. Yes-MLS dba MLS Now does not require users to use this
particular form. Broker is responsible for ensuring compliance with all laws and regulations and MLS Now is not providing you with
any legal advice. MLS Now makes no representations or warranties, express or implied, regarding accuracy, quality, suitability or
fitness for a particular purpose or otherwise, and expressly disclaims any liability for user’s use of this form, including any
modifications made by you. MLS Now strongly suggests that users consult with their licensed broker and/or attorney before using this
form.”

MUTUAL RELEASE

(Providing for an agreed distribution of Earnest Money)

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This Mutual Release made and entered: (Date) ______________________________,
________
09/03/2024
by and between Seller(s) Lofty Holdings 254 Bowmanville Street
________________________________________________________.
LLC
Buyer(s) Hakimar
__________________________________________________________________
and
LLC
Broker(s) Real Estate Quest, Inc.
_________________________________, Century 21 - Carolyn Riley
___________________________________.
Real Estate Services
Seller(s) and Buyer(s) entered into a written Purchase Agreement dated:
_______________________,
________ for the sale and purchase of the property know as:
09/10/2024
(Street Address) 254
_______________________________________________________________
Bowmanville St
(City) Akron
___________________________________, Ohio, (Zip Code) 44305
______________________.
In connection with the Purchase Agreement, Buyer deposited with
___________________________________________ the sum of $ 500
______________________
First Title Services
as earnest money to be held in a trust account pending closing.

The parties now desire to terminate the Purchase Agreement and to distribute such deposit among Seller(s), Buyer(s) and
Broker(s) as provided below in consideration of the full and complete release by each party of the others of all claims each
one may have against the others
under the Purchase Agreement.
In consideration of the foregoing and of the mutual releases set forth below, the parties agree as follows:
1. Buyer(s), Seller(s) Broker(s) and their agents each respectively hereby waives and releases any claims and
causes of action of any nature whatsoever which any or several of them may have against each other, jointly or
severally, directly or indirectly arising out of or relating to the Purchase Agreement, in consideration of which
__________________________ is hereby authorized and directed to disburse, and
First Title Services
agrees to disburse, the said earnest money deposit as follows:

To Seller(s) ______________________________________________ $ _____________
To Buyer(s) Hakimar LLC
______________________________________________ $ 500
_____________
To Broker _______________________________________________ $ _____________
To Broker _______________________________________________ $ _____________
2.

If within one (1) year from the date of this Mutual Release Agreement, Buyer(s) or any entity owned or
controlled by Buyer either directly or indirectly leases, rents or acquires title to the above property, or acquires
any interest therein, or enters into any agreement or contract for any of the foregoing, Buyer(s) and Seller(s)
shall be jointly and severally liable and agree to immediately pay to Broker(s) a commission in an amount equal
to the commission stated in the Purchase Agreement that is being terminated. The obligation of Seller(s) and
Buyer(s) stated in this Paragraph 2 shall survive the execution of this
Mutual Release Agreement.

3.

This Mutual Release Agreement shall be binding upon the parties hereto, their respective
heirs, personal representatives, successors and assigns.

09/30/24 5:27 PM EDT
Uri Avissar
BIA2-8EAP-BSZ9-7UAY
_________________________________
BUYER
DATE

________________________________
SELLER
DATE

_________________________________
BUYER
DATE

________________________________
SELLER
DATE

_________________________________
BROKER
DATE

10/1/2024
________________________________
BROKER
DATE

dotloop verified

Page 1 of 1

10/2/2024

MLS Now / Mutual Release

Version 1.0 / August 2024

Certificate Of Completion
Envelope Id: 265745A3BCB14B83B2CC76E07B412765

Status: Completed

Subject: Complete with Docusign: Mutual Release (MLS Now) (version 4).pdf
Source Envelope:
Document Pages: 1

Signatures: 2

Envelope Originator:

Certificate Pages: 2

Initials: 0

Alex Johnson

AutoNav: Enabled

3502 Sandlewood Drive

EnvelopeId Stamping: Enabled

Brunswick, OH 44212

Time Zone: (UTC-08:00) Pacific Time (US & Canada)

AJohnson_REQ@yahoo.com
IP Address: 104.230.17.70

Record Tracking
Status: Original
10/1/2024 5:47:59 PM

Signer Events

Holder: Alex Johnson

Location: DocuSign

AJohnson_REQ@yahoo.com

Signature

Timestamp

Alex Johnson

Sent: 10/1/2024 5:49:09 PM

ajohnson_req@yahoo.com

Viewed: 10/1/2024 5:49:19 PM

Real Estate Agent

Signed: 10/1/2024 5:49:21 PM

Real Estate Quest
Security Level: Email, Account Authentication
(None)

Signature Adoption: Pre-selected Style
Using IP Address: 104.230.17.70
Signed using mobile

Electronic Record and Signature Disclosure:
Not Offered via DocuSign
Lofty Holding 254 Bowmanville Street DAO LLC

Sent: 10/1/2024 5:49:09 PM

pm@lofty.ai

Viewed: 10/2/2024 6:06:08 AM

Security Level: Email, Account Authentication
(None)

Signed: 10/2/2024 6:07:33 AM
Signature Adoption: Pre-selected Style
Using IP Address: 76.31.179.204
Signed using mobile

Electronic Record and Signature Disclosure:
Not Offered via DocuSign

In Person Signer Events

Signature

Timestamp

Editor Delivery Events

Status

Timestamp

Agent Delivery Events

Status

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Intermediary Delivery Events

Status

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Certified Delivery Events

Status

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Carbon Copy Events

Status

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Witness Events

Signature

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Notary Events

Signature

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Envelope Summary Events

Status

Timestamps

Envelope Sent

Hashed/Encrypted

10/1/2024 5:49:09 PM

Certified Delivered

Security Checked

10/2/2024 6:06:08 AM

Signing Complete

Security Checked

10/2/2024 6:07:33 AM