Professional Documents
Culture Documents
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What is Quad Ownership?
Rodanthe to Hatteras
6 Oceanfront Homes 2 Million Dollars or Higher
87 Oceanfront from 500,000 to 1.9 Million
Oceanside
Kitty Hawk to Corolla
5 Homes from 4 to 5.5 Million
20 Homes from 3 to 3.9 Million
60 Homes from 2 to 2.9 Million
165 Homes from 1 to 1.9 Million
Rodanthe to Hatteras
6 Homes from 2 to 2.9 Million
61 Homes from 1 to 1.9 Million from
64 Homes from 750,000 to 999,000
500,000 west side
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2,000,000.00 Oceanfront
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Instead of owning a 500,000.00 home on
the west side, you can own a 2,000,000.00
Oceanfront.
• Exit strategy for Sellers who are unable to carry the entire Financial
burden of ownership but wish to retain an ownership and possessory
interest in their property
Your Home
Owners
John & Martha
Mauney
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Title Transfer
and Refinance with First South
Bank
9. The identity of the Property Manager for the Parent LLC who may have
authority to alter the terms and conditions of the aforementioned fees which
may be imposed.
11. The terms and duration of the contract between the Parent LLC and the
Property Manager.
15. The rights of purchasers to cancel contracts within five (5) days of execution.
1 2 3 4
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Offer to Purchase
Accepted
We now have our first contract
Purchaser is provided with full disclosure of
Quad-ownership rules and regulations identifying weeks
allocated for purchasers occupancy through
membership ownership in OBX 1, LLC
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OBX 1, LLC
John & Martha
Mauney OBX 2, LLC
John and
Martha
Transfer Membership Interest Mauney
OBX 3, LLC
John and
Martha
Jones Mauney
Transfer Membership Interest
OBX 4, LLC
John and
Martha
Transfer Membership Interest Mauney
Midgett
Cahoon
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First South Bank
Established loan program designed for LLC
and pre-arranged release provisions
The recipient of this information acknowledges the proprietary interests of the law firm of John A. Mauney and agrees to refrain from any
dissemination of this material.
Blue – OBX 1, LLC / Greem – OBX 2, LLC / Purple– OBX 3, LLC / Red –
OBX 4, LLC
WEEK 1 Dec.31,06 - Jan.07 Dec. 30, 07 - Jan.06, 08 Dec. 28,08 – Jan.04,09
WEEK 2 01-07-06 –01-14 -07 January 6 - 13, 2008 January 4 - 11, 2009
WEEK 3 January 14 - 21, 2007 January 13 - 20, 2008 January 11 - 18, 2009
WEEK 4 January 21 - 28, 2007 January 20 - 27, 2008 January 18 - 25, 2008
WEEK 5 January 28 - February 4, 2007 January 27 - February 3, 2008 January 25 - 31, 2009
WEEK 7 February 11 - 18, 2007 February 10 - 17, 2008 February 8 - 15, 2009
WEEK 8 February 18 - 25, 2007 February 17 - 24, 2008 February 15 - 22, 2009
WEEK 9 February 25 - March 4, 2007 February 24 - March 3, 2008 February 22 - March 1, 2009
WEEK 12 March 18 - 25, 2007 March 16 - 23, 2008 March 15 - 22, 2009
WEEK 13 March 25 - April 1, 2007 March 23 - March 30, 2008 March 22 - 29, 2009
WEEK 15 April 8 - 15, 2007 April 6 - 13, 2008 April 5 - 12, 2009
WEEK 16 April 15 - 22, 2007 April 13 - 20, 2008 April 12 - 19, 2009
WEEK 17 April 22 - 29, 2007 April 20 - 27, 2008 April 19 - 26, 2009
WEEK 18 April 29 - May 6, 2007 April 27 - May 4, 2008 April 26 - May 3, 2009
The recipient of this information acknowledges the proprietary interests of the law firm of John A. Mauney and agrees to refrain from any
dissemination of this material.
Complete
Package
Real Estate Sales with Realtor
Mortgage Lending with First South Bank
Property Management with Realtor
Insurance with Farm Bureau
Legal Services with John A. Mauney
LLC provided for buyer’s protection at
no cost
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2,000,000.00
Mortgage 1,000,000.00 Equity
1,000,000.00
______________________________________________________________________
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*Capital Gains Deferral - 1031 Exchange
*Summary