Arrived Homes, LLC Sample Contracts

Standard Contracts

ESCROW AGREEMENT FOR SECURITIES OFFERING
Escrow Agreement • January 12th, 2021 • Arrived Homes, LLC • Real estate • Delaware

THIS ESCROW AGREEMENT, effective as of _____________, (“Escrow Agreement”), is by, between and among North Capital Private Securities Corporation, a Delaware Corporation and a registered Broker-Dealer, member FINRA and SIPC, located at 623 E. Ft. Union Blvd, Suite 101, Salt Lake City, UT 84047 (“NCPS”) as escrow agent hereunder (“NCPS” or “Escrow Agent”); Dalmore Group, LLC (“Broker”), a New York limited liability company located at 525 Green Place, Woodmere, NY 11598; and Arrived Homes Series [*] LLC, a series of Arrived Homes, LLC, a Delaware series limited liability company (“Issuer”), located at ___________________________________________________________________.

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Broker-Dealer Agreement
Broker-Dealer Agreement • October 30th, 2020 • Arrived Homes, LLC • Real estate

This agreement (together with exhibits and schedules, the “Agreement”) is entered into by and between Arrived Homes, LLC (“Client”), a Delaware Corporation, and Dalmore Group, LLC., a New York Limited Liability Company (“Dalmore”). Client and Dalmore agree to be bound by the terms of this Agreement, effective as of September 23, 2020 (the “Effective Date”):

LIMITED LIABILITY COMPANY AGREEMENT OF ARRIVED HOMES, LLC LIMITED LIABILITY COMPANY AGREEMENT OF ARRIVED HOMES, LLC
Limited Liability Company Agreement • September 18th, 2020 • Arrived Homes, LLC • Delaware

This LIMITED LIABILITY COMPANY AGREEMENT OF ARRIVED HOMES, LLC, is dated as of July 13, 2020. Capitalized terms used herein without definition shall have the respective meanings ascribed thereto in Section 1.1, Section 3.4 and Article VIII.

ESCROW AGREEMENT
Escrow Agreement • March 4th, 2022 • Arrived Homes, LLC • Real estate • Utah

This Escrow Agreement (this “Agreement”), effective as of the effective date set forth on the signature page hereto (“Effective Date”), is entered into by the following:

Contract
Software and Services License Agreement • September 18th, 2020 • Arrived Homes, LLC • Delaware

This Software and Services License Agreement (including the Schedules, the Privacy Policy and the Terms of Use, and any applicable company policies referenced therein, as in effect from time to time, collectively and in their entirety, this “Agreement”), is made and effective as of the date set forth on the signature page below (the “Effective Date”), contains the terms and conditions upon which North Capital Investment Technology, Inc. (“NCIT”) grants to you as licensee (“Licensee”) a license to use certain software, computer programs, business processes, integrated services and documentation more particularly described on Schedule A.

PROMISSORY NOTE ARRIVED HOMES SERIES PLUMTREE
Promissory Note • January 12th, 2021 • Arrived Homes, LLC • Real estate • Delaware

FOR VALUE RECEIVED, Arrived Homes Series Plumtree, a series of Arrived Homes, LLC, a Delaware series limited liability company (“Borrower”), hereby promises to pay to the order of Arrived Holdings, Inc., a Delaware corporation, with an address at 999 Third Avenue, Seattle, WA 98104 (“Lender”), or its permitted assignees, in lawful money of the United States of America and in immediately available funds, the principal amount of two-hundred and two thousand, nine-hundred and fifty & 00/100 dollars ($202,950) (“Principal Amount”), as set forth below in this note (“Note”). This Note shall bear interest at the minimum applicable federal rate (AFR) in effect as of the date hereof.

PROPERTY MANAGEMENT AND LEASING AGREEMENT
Property Management Agreement • November 27th, 2023 • Arrived Homes, LLC • Real estate

THIS PROPERTY MANAGEMENT AGREEMENT (this “Agreement”) is made and entered into as of , 2023 (the “Effective Date”), by and between (1) Arrived Holdings, Inc. (the “Company”), in its capacity as the manager of each series of Arrived Homes, LLC listed in the first column of Schedule 1 (each an “Owner”), and (2) Mynd Management, Inc., dba Mynd Property Management (“Manager”). Manager, the Company, and each Owner listed on Schedule 1 shall be a party to this Agreement only with respect to the applicable Property such Owner owns as is further indicated in Schedule 1.

GREAT JONES PROPERTY MANAGEMENT AGREEMENT
Property Management Agreement • October 4th, 2021 • Arrived Homes, LLC • Real estate • Delaware

Whereas Owner hereby desires to retain Broker as Owner’s agent and grants Broker the exclusive right to lease, operate, and manage the property described below, and in consideration of the covenants herein contained, GREAT JONES FLORIDA LLC and its successors (hereinafter referred to as “Broker”) and ___________________ and their subsidiaries (hereinafter collectively referred to as “Owner”) agree as follows:

Series Designation of Arrived Homes Series [*], a series of Arrived Homes, LLC
Series Designation • January 12th, 2021 • Arrived Homes, LLC • Real estate

In accordance with the Limited Liability Company Agreement of Arrived Homes, LLC, a Delaware series limited liability company (the “Company”), dated July 13, 2020 (the “Agreement”) and upon the execution of this Series Designation by the Company and Arrived Holdings, Inc. in its capacity as Managing Member of the Company and of Arrived Homes Series [*], a series of the Company (“Series [*]”), this Series Designation shall be attached to, and deemed incorporated in its entirety into, the Agreement as the “Arrived Homes Series [*] Designation Exhibit.”

MEMBERSHIP INTEREST PURCHASE AGREEMENT
Membership Interest Purchase Agreement • January 12th, 2021 • Arrived Homes, LLC • Real estate • Delaware

This Membership Interest Purchase Agreement (“Agreement”) is made and entered into effective as of January 14, 2021 (“Effective Date”) by and between Arrived Holdings, Inc., a Delaware corporation (“Seller”) and Arrived Homes Series Chaparral, a series of Arrived Homes, LLC, a Delaware series limited liability company (“Buyer”). The Buyer and Seller are sometimes referred to in this Agreement together as the “Parties” and individually as a “Party.”

Series Designation of Arrived Homes Series Soapstone LLC, a series of Arrived Homes, LLC
Series Designation • November 12th, 2020 • Arrived Homes, LLC • Real estate

In accordance with the Limited Liability Company Agreement of Arrived Homes, LLC, a Delaware series limited liability company (the “Company”), dated July 13, 2020 (the “Agreement”) and upon the execution of this Series Designation by the Company and Arrived Holdings, Inc. in its capacity as Managing Member of the Company and of Arrived Homes Series Soapstone LLC, a series of the Company (“Series Soapstone”), this Series Designation shall be attached to, and deemed incorporated in its entirety into, the Agreement as the “Arrived Homes Series Soapstone LLC Designation Exhibit.”

Contract
Promissory Note • October 30th, 2020 • Arrived Homes, LLC • Real estate • Washington

THIS NOTE HAS NOT BEEN REGISTERED FOR SALE UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR ANY OTHER APPLICABLE SECURITIES LAWS. THIS NOTE MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED OR HYPOTHECATED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT AS TO THE SECURITIES UNDER SAID ACT OR OTHER APPLICABLE SECURITIES LAWS OR, IN THE ABSENCE THEREOF, AN OPINION OF COUNSEL IN FORM, SUBSTANCE AND SCOPE CUSTOMARY FOR OPINIONS OF COUNSEL IN COMPARABLE TRANSACTIONS, THAT REGISTRATION IS NOT REQUIRED UNDER SAID ACT, OR UNLESS SOLD PURSUANT TO RULE 144 UNDER SAID ACT. THIS NOTE IS SUBJECT TO THE TRANSFER RESTRICTIONS SET FORTH HEREIN.

MEMBERSHIP INTEREST PURCHASE AGREEMENT
Membership Interest Purchase Agreement • June 11th, 2021 • Arrived Homes, LLC • Real estate • Delaware

This Membership Interest Purchase Agreement (“Agreement”) is made and entered into effective as of May 12th, 2021 (“Effective Date”) by and between Arrived Holdings, Inc., a Delaware corporation (“Seller”) and Arrived Homes Series Tuscan, an individual series of Arrived Homes, LLC, a Delaware series limited liability company (“Buyer”). The Buyer and Seller are sometimes referred to in this Agreement together as the “Parties” and individually as a “Party.”

Contract
Promissory Note • October 30th, 2020 • Arrived Homes, LLC • Real estate • Washington

THIS NOTE HAS NOT BEEN REGISTERED FOR SALE UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR ANY OTHER APPLICABLE SECURITIES LAWS. THIS NOTE MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED OR HYPOTHECATED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT AS TO THE SECURITIES UNDER SAID ACT OR OTHER APPLICABLE SECURITIES LAWS OR, IN THE ABSENCE THEREOF, AN OPINION OF COUNSEL IN FORM, SUBSTANCE AND SCOPE CUSTOMARY FOR OPINIONS OF COUNSEL IN COMPARABLE TRANSACTIONS, THAT REGISTRATION IS NOT REQUIRED UNDER SAID ACT, OR UNLESS SOLD PURSUANT TO RULE 144 UNDER SAID ACT. THIS NOTE IS SUBJECT TO THE TRANSFER RESTRICTIONS SET FORTH HEREIN.

Series Designation of Home Series Soapstone, a series of Arrived Homes, LLC
Series Designation • October 30th, 2020 • Arrived Homes, LLC • Real estate

In accordance with the Limited Liability Company Agreement of Arrived Homes, LLC, a Delaware series limited liability company (the “Company”), dated July 13, 2020 (the “Agreement”) and upon the execution of this Series Designation by the Company and Arrived Holdings, Inc. in its capacity as Managing Member of the Company and of Arrived Homes Series Soapstone LLC, a series of the Company (“Series Soapstone”), this Series Designation shall be attached to, and deemed incorporated in its entirety into, the Agreement as the “Arrived Homes Series Soapstone LLC Designation Exhibit.”

DEED OF TRUST, ASSIGNMENT OF LEASES AND RENTS, SECURITY AGREEMENT, AND FIXTURE FILING
Deed of Trust • October 18th, 2021 • Arrived Homes, LLC • Real estate • Washington

This Deed of Trust, Assignment of Leases and Rents, Security Agreement and Fixture Filing (“Deed of Trust”) is made as of [__________], by [__________], a [__________] [__________], as trustor (“Trustor”), to [__________], as trustee (“Trustee”). The beneficiary of this Deed of Trust is CERTAIN LENDING, INC., a Delaware corporation, its successors and assigns (“Lender”).

Series Designation of Arrived Homes Series Lierly LLC, a series of Arrived Homes, LLC
Series Designation • September 18th, 2020 • Arrived Homes, LLC

In accordance with the Limited Liability Company Agreement of Arrived Homes, LLC, a Delaware series limited liability company (the “Company”), dated July 13, 2020 (the “Agreement”) and upon the execution of this Series Designation by the Company and Arrived Holdings, Inc. in its capacity as Managing Member of the Company and of Arrived Homes Series Lierly LLC, a series of the Company (“Series Lierly”), this Series Designation shall be attached to, and deemed incorporated in its entirety into, the Agreement as the “Arrived Homes Series Lierly LLC Designation Exhibit.”

Series Designation of Arrived Homes Series Lierly LLC, a series of Arrived Homes, LLC
Series Designation • October 30th, 2020 • Arrived Homes, LLC • Real estate

In accordance with the Limited Liability Company Agreement of Arrived Homes, LLC, a Delaware series limited liability company (the “Company”), dated July 13, 2020 (the “Agreement”) and upon the execution of this Series Designation by the Company and Arrived Holdings, Inc. in its capacity as Managing Member of the Company and of Arrived Homes Series Lierly LLC, a series of the Company (“Series Lierly”), this Series Designation shall be attached to, and deemed incorporated in its entirety into, the Agreement as the “Arrived Homes Series Lierly LLC Designation Exhibit.”

MORTGAGE, ASSIGNMENT OF LEASES AND RENTS, SECURITY AGREEMENT AND FIXTURE FILING
Mortgage Agreement • October 18th, 2021 • Arrived Homes, LLC • Real estate • Washington

This Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (“Mortgage”) dated as of [______________], is given by [______________], a [______________] [______________] with a mailing address of [______________] [______________] [______________] [______________], [______________] [______________], as mortgagor (“Mortgagor”), to CERTAIN LENDING, INC., a Delaware corporation, its successors and assigns, as lender, mortgagee and beneficiary under this Mortgage (“Mortgagee”).

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RESIDENTIAL LEASE AGREEMENT
Residential Lease Agreement • October 4th, 2021 • Arrived Homes, LLC • Real estate • Arkansas

THIS RESIDENTIAL LEASE AGREEMENT (this “ Lease”) is made this between . (“Owner”) by and through its authorized agent, Blue Canopy Realty, LLC., its successors and assigns, (“Management”) and (“Tenant”). If more than one party is identified as and/or signs this Lease as Tenant, the term Tenant shall mean and refer collectively to all such parties identified and/or signing as such and the obligations of all such parties as “Tenant” shall be joint and several for all purposes hereunder.

DEED OF TRUST, ASSIGNMENT OF LEASES AND RENTS, SECURITY AGREEMENT, AND FIXTURE FILING
Deed of Trust, Assignment of Leases and Rents, Security Agreement, and Fixture Filing • October 18th, 2021 • Arrived Homes, LLC • Real estate • Washington

This Deed of Trust, Assignment of Leases and Rents, Security Agreement and Fixture Filing (“Deed of Trust”) is made as of [___________, 20__], by [____________________, a (state of formation) limited liability company/corporation/partnership, etc.], as Grantor (“Grantor”), to the PUBLIC TRUSTEE OF [___________] COUNTY, COLORADO, as trustee (“Trustee”), for the benefit of CERTAIN LENDING, INC., a Delaware corporation, its successors and assigns, as beneficiary (“Beneficiary”).

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