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Addendum to Operating Agreement for Wind Cave LFTY0301 DAO LLC.pdf
| Property | 33088 Joshua Ave Acton, CA 93510 |
|---|---|
| Section | DAO LLC Documents |
| Category | |
| Relative path | DAO LLC Documents/Addendum to Operating Agreement for Wind Cave LFTY0301 DAO LLC.pdf |
| Modified UTC | 2026-05-30T09:09:04+00:00 |
| Size bytes | 29624 |
| Extraction method | pdftotext-incremental |
Description
Addendum to Operating Agreement for Wind Cave LFTY0301 DAO LLC: 1. Seller will pay a Rental Yield of 15% to all investors monthly. 2. Seller will buy back tokens in 3 years, on February 8th, 2027, at an annual appreciation rate of 1.3%. 3. Clawback is enabled. 4. Seller will put up 60% of their ownership in the property as collateral. If the seller is late on their interest payment by over 90 days, the other investors can vote, via a Supermajority of 60%+, to claw back the remaining 60% of the s
Extracted Content
Addendum to Operating Agreement for Wind Cave LFTY0301 DAO LLC: 1. Seller will pay a Rental Yield of 15% to all investors monthly. 2. Seller will buy back tokens in 3 years, on February 8th, 2027, at an annual appreciation rate of 1.3%. 3. Clawback is enabled. 4. Seller will put up 60% of their ownership in the property as collateral. If the seller is late on their interest payment by over 90 days, the other investors can vote, via a Supermajority of 60%+, to claw back the remaining 60% of the seller's ownership. 5. If the seller defaults on their current loan, the loan will be transferred to the DAO LLC, and the other investors can vote, via a Supermajority of 60%+, to claw back the remaining 60% of the seller's ownership. 6. If the seller does not buy back tokens within 90 days of the buy-back date, the other investors can vote, via a Supermajority of 60%+, to claw back the remaining 60% of the seller's ownership.