1. Not Legal, Bankruptcy, or Financial Advice
Content on this Website regarding buy-back, joint-venture-sale, or foreclosure-alternative transactions is general information only. It is not legal, bankruptcy, tax, or financial advice. No attorney-client relationship is created by your use of the Website. Florida homeowners are strongly encouraged to consult independent counsel of their own choosing before signing any agreement.
2. Bankruptcy May Be an Alternative
A buy-back transaction may be an alternative for some homeowners — it is not a substitute for bankruptcy. Bankruptcy may be the right option for some homeowners depending on their circumstances. Information on the Website should not be read as a recommendation against bankruptcy or against any other lawful option.
3. Transfer of Ownership
A buy-back transaction may involve the transfer of ownership of the property to Everglade Capital Partners, LLC or its affiliate, with a documented right for the homeowner to repurchase the property on the terms specified in the written agreement. Homeowners should carefully review all agreements before signing and understand their legal effect, including any effect on title, possession, existing liens, and tax basis.
4. Florida Statute § 501.1377
Florida Statute § 501.1377 provides protections to homeowners in certain foreclosure-rescue contracts, including a written cancellation right. Specific cancellation terms — including the deadline by which a cancellation notice must be delivered and the address to which it must be sent — are provided in writing with each applicable transaction. Nothing on this Website modifies any right or remedy provided under § 501.1377 or other applicable law.
5. No Guaranteed Outcome
No outcome of any homeowner program is guaranteed. Eligibility depends on the property, the homeowner's individual circumstances, the status of any pending foreclosure or other legal proceeding, and applicable law. Submitting an inquiry does not create any commitment by Everglade Capital Partners, LLC or its affiliates to offer any transaction.
6. Lease and Occupancy Terms
Where a transaction includes temporary occupancy of the property by the homeowner after closing, the lease and occupancy terms are documented in writing and reviewed for consistency with Florida Chapter 83 (Florida Residential Landlord-Tenant Act) where applicable.
7. Independent Review Encouraged
Homeowners are strongly encouraged to:
- Review all documents with independent counsel of their own choosing before signing;
- Consider all available options, including loan modification, short sale, deed in lieu of foreclosure, bankruptcy, and other foreclosure-alternative programs;
- Ask questions about any term that is not clear, and request time to review.
8. Comparison to Other Programs
Information on the Website does not represent that a JAR Property Ventures buy-back or joint-venture-sale transaction is better or worse than any other available option for any particular homeowner. Each homeowner's situation is different.
9. Information Submitted Through the Website
Information you submit through inquiry forms is reviewed internally and may be used to evaluate eligibility or follow up with you. Submission of an inquiry does not constitute legal representation or a commitment to enter any transaction.
10. Florida Focus
Buy-back and joint-venture-sale transactions described on the Website are offered with respect to Florida residential real property. References to statutes are to Florida law unless otherwise indicated.
This policy template is provided as a starting point and must be reviewed and finalized by counsel before publication. Specific obligations may vary based on jurisdiction, business activities, and applicable regulations.
Reviewed by counsel: ____________________ (date) ____________________
Questions about this policy may be directed to contact@evergladecapitalpartners.com.