THIS AGREEMENT IS NOT BINDING, IN ANY WAY, ON EITHER PARTY. YOU ARE NOT ESTABLISHING A LEGAL RIGHT OR CLAIM TO ANY LOT, UNIT, OR PURCHASE PRICE BY SIGNING THIS RESERVATION OF INTEREST. RECEIPT OF DEPOSITReservation of Interest Agreement • December 20th, 2019
The undersigned, (“Prospective Purchaser”) hereby delivers to Coalition Title Agency, Inc., as agent for Sommet Blanc Residences I, LLC, a Utah limited liability company (“Developer”), a deposit in the amount of $10,000.00 (the “Deposit”), in the form of a money wire or check made payable to Coalition Title Agency, Inc. (the “Escrow Agent”), together with an original of this Reservation of Interest Agreement (“Reservation of Interest”) fully signed by Prospective Purchaser. Upon acceptance of this Reservation of Interest by Developer, as evidenced by Developer’s signing of this Reservation of Interest, the Deposit shall be deposited into a trust account of the Escrow Agent. The Deposit shall be separately accounted for by the Escrow Agent. This Reservation of Interest Agreement shall only be effective upon receipt of the Deposit by the Escrow Agent.
THIS AGREEMENT IS NOT BINDING, IN ANY WAY, ON EITHER PARTY. YOU ARE NOT ESTABLISHING A LEGAL RIGHT OR CLAIM TO ANY LOT, TOWNHOME, OR PURCHASE PRICE BY SIGNING THIS RESERVATION OF INTEREST.Reservation of Interest Agreement • December 20th, 2019
The undersigned, (“Prospective Purchaser”) hereby delivers to Coalition Title Agency, Inc., as agent for White Summit Development I, LLC, a Utah limited liability company (“Developer”), a deposit in the amount of $10,000.00 (the “Deposit”), in the form of a money wire or check made payable to Coalition Title Agency, Inc. (the “Escrow Agent”), together with an original of this Reservation of Interest Agreement (“Reservation of Interest”) fully signed by Prospective Purchaser. Upon acceptance of this Reservation of Interest by Developer, as evidenced by Developer’s signing of this Reservation of Interest, the Deposit shall be deposited into a trust account of the Escrow Agent. The Deposit shall be separately accounted for by the Escrow Agent. This Reservation of Interest Agreement shall only be effective upon receipt of the Deposit by the Escrow Agent.
