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Mutual Release - 2024-07-08 - 7411 Elton Ave, Cleveland, OH 44102.pdf

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dotloop signature verification: dtlp.us/SnRU-4ZNU-vkEq DocuSign Envelope ID: 2894FCF9-AE7E-42E0-BBF5-4F3CA722A39A MUTUAL RELEASE (Providing for an agreed distribution of Earnest Money) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 This Mutual Release made and entered: (Date) ______________________________, ________ by and between Seller(s) ________________________________________________________. Buyer(s) Ayumi Martinez __

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dotloop signature verification: dtlp.us/SnRU-4ZNU-vkEq

DocuSign Envelope ID: 2894FCF9-AE7E-42E0-BBF5-4F3CA722A39A

MUTUAL RELEASE
(Providing for an agreed distribution of Earnest Money)

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This Mutual Release made and entered: (Date) ______________________________, ________
by and between Seller(s) ________________________________________________________.
Buyer(s) Ayumi Martinez
__________________________________________________________________ and
Broker(s) _________________________________, ___________________________________.
Seller(s) and Buyer(s) entered into a written Purchase Agreement dated:
_______________________, ________ for the sale and purchase of the property know as:
(Street Address) 7411
_______________________________________________________________
Elton Ave
(City) Cleveland
___________________________________, Ohio, (Zip Code) 44102
______________________.
In connection with the Purchase Agreement, Buyer deposited with
Fairmount Title Agency
___________________________________________ the sum of $ ______________________

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
agrees to disburse, the said earnest money deposit as follows:
To Seller(s) ______________________________________________ $ _____________
To Buyer(s) ______________________________________________ $ All
_____________
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.
07/06/24 11:58 AM EDT
Ayumi Martinez
UNRS-QIHV-XHTZ-PDNR
_________________________________
BUYER
DATE
dotloop verified

7/8/2024
________________________________
SELLER
DATE

_________________________________
BUYER
DATE

________________________________
SELLER
DATE

_________________________________
BROKER
DATE

________________________________
BROKER
DATE

Page 1 of 1

MLS Now 6/2022

Mutual Release

Certificate Of Completion
Envelope Id: 2894FCF9AE7E42E0BBF54F3CA722A39A

Status: Completed

Subject: Complete with Docusign: Mutual Release (MLS Now) (version 3).pdf
Source Envelope:
Document Pages: 1

Signatures: 1

Envelope Originator:

Certificate Pages: 1

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
7/7/2024 2:24:39 PM

Signer Events

Holder: Alex Johnson

Location: DocuSign

AJohnson_REQ@yahoo.com

Signature

Timestamp

Jerry Chu for Lofty Holding 7411 Elton Avenue DAO

Sent: 7/7/2024 2:25:43 PM

LLC

Viewed: 7/8/2024 12:05:53 PM

pm@lofty.ai
Security Level: Email, Account Authentication
(None)

Signed: 7/8/2024 12:06:08 PM
Signature Adoption: Pre-selected Style
Using IP Address: 76.31.179.204

Electronic Record and Signature Disclosure:
Not Offered via DocuSign

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7/7/2024 2:25:44 PM

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7/8/2024 12:05:53 PM

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Completed

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