Lot Purchase and Development Agreement Sample Contracts

LOT PURCHASE AND DEVELOPMENT AGREEMENT BY AND BETWEEN NTS / VIRGINIA DEVELOPMENT COMPANY (“SELLER”) AND M/I HOMES OF DC, LLC (“PURCHASER”) November 30, 2011

Lot Purchase and Development Agreement • December 6th, 2011 • NTS Mortgage Income Fund • Real estate investment trusts • Virginia

• Contract Type
  Lot Purchase and Development Agreement
• Filed
  December 6th, 2011
• Company
  NTS Mortgage Income Fund
• Industry
  Real estate investment trusts
• Jurisdiction
  Virginia

THIS LOT PURCHASE AND DEVELOPMENT AGREEMENT (the “Agreement”) is made by and between NTS / VIRGINIA DEVELOPMENT COMPANY, a Virginia corporation, (“Seller”), and M/I HOMES OF DC, LLC, a Delaware limited liability company (“Purchaser”).