Property Sourcing Agreement This Property Sourcing Agreement ("Agreement") is entered into on ("Effective Date") by and between:
Harmony Homez, LLC ("Harmony Homez") at contact@harmonyhomez.com
And ("Operator") located at , , ,
1. Purpose
Operator desires to identify and secure residential properties suitable for its housing operation, including but not limited to sober living homes, residential care facilities, assisted living homes, recovery residences, transitional housing, and other supportive housing models.
Harmony Homez maintains relationships with property owners, operators, vendors, referral partners, and community resources and agrees to assist Operator in locating suitable properties and expansion opportunities.
1.2 No Agency Relationship
The parties acknowledge that Harmony Homez is acting solely as an independent business entity providing opportunity sourcing, introductions, support services, and housing expansion assistance. Nothing in this Agreement shall be construed to create an agency relationship, brokerage relationship, fiduciary relationship, partnership, joint venture, employment relationship, or legal representation between Harmony Homez and Operator.
2. Term
This Agreement shall commence on the Effective Date and remain in effect until:
Start Date:
Expiration Date:
Expiration date is auto-set to 90 days from the start date. You may adjust it if needed.
unless terminated earlier in accordance with this Agreement.
3. Exclusive Rights
During the term of this Agreement, Operator agrees to work exclusively with Harmony Homez regarding opportunities, properties, landlords, and housing expansion opportunities introduced or disclosed by Harmony Homez under the terms of this agreement.
Nothing in this Agreement shall prohibit Operator from independently locating, evaluating, or pursuing properties, landlords, or opportunities that were not introduced or disclosed by Harmony Homez.
4. Services Provided by Harmony Homez
Harmony Homez may provide some or all of the following services during the term of this Agreement:
a. Property sourcing and identification b. Property opportunity research c. Landlord outreach and initial outreach d. Opportunity introductions e. Access to operational software and tools f. Vendor and service provider introductions g. Community resource connections h. Referral network participation i. Resident placement and referral opportunities when available j. Growth support and resourcing k. Ongoing partnership support and relationship management Harmony Homez does not guarantee that a suitable property, opportunity, landlord, operator, vendor, or business relationship will be located or secured.
Operator acknowledges that Harmony Homez's role is limited to sourcing opportunities, facilitating introductions, providing support services, and presenting potential opportunities for Operator's consideration.
5. Property Criteria
Operator seeks properties meeting substantially the following criteria:
a. Operator acknowledges that the above criteria may match the needs of other Harmony Homez clients. Sourced properties matching these criteria are offered on a non-exclusive, first-come, first-served basis until a formal assignment or lease is executed.
6. Protected Contacts
Any landlord, owner, investor, property manager, operator, vendor, referral source, organization, business partner, or individual introduced by Harmony Homez or has been in contact with Harmony Homez shall be considered a Protected Contact.
7. Protected Properties
Any property identified, presented, discussed, marketed, toured, evaluated, introduced, or disclosed by Harmony Homez shall be considered a Protected Property.
8. Non-Circumvention
Operator agrees that it shall not directly or indirectly:
a. Contact a Protected Contact for the purpose of entering into a transaction outside Harmony Homez; b. Enter into a lease, purchase, management agreement, operating agreement, partnership, occupancy agreement, or other business arrangement involving a Protected Property; c. Utilize affiliates, family members, related entities, employees, agents, or third parties to circumvent Harmony Homez. 9. Assignment Opportunities
Operator acknowledges that Harmony Homez may from time to time secure, control, identify, reserve, obtain rights to, or otherwise create opportunities involving residential properties through various lawful contractual arrangements.
If Harmony Homez presents an opportunity through a protected contact or connection that Operator elects to pursue, the parties may enter into a separate Assignment Agreement, Opportunity Transfer Agreement, Lease Option Assignment Agreement, Promissory Note, or other mutually acceptable agreement governing the specific transaction.
Any such assignment of rights or opportunities to the Operator shall be an assignment without recourse or ongoing obligation to Harmony Homez. Harmony Homez shall not act as a guarantor, co-signer, or master tenant, and shall have no liability for rent, property damage, or lease compliance under any lease secured by Operator.
10. Assignment Fee
Operator acknowledges that Harmony Homez invests time, effort, resources, business relationships, and proprietary processes in identifying and developing opportunities.
If Operator elects to proceed with a Property, Opportunity, or Protected Contact introduced, disclosed, identified, or presented by Harmony Homez, Harmony Homez shall be entitled to a mutually agreed Assignment Fee or other arrangement as set forth in a separate written agreement.
Any Assignment Fee, payment schedule, installment structure, promissory note, or other compensation arrangement shall be disclosed and agreed upon separately in a property-specific Assignment Agreement.
No Assignment Fee shall be due unless separately agreed to in writing by both parties.
11. Limitation of Liability and Indemnification
Operator acknowledges that Harmony Homez is not a party to any lease, purchase agreement, or operational contract entered into by Operator for a Protected Property. Operator agrees to indemnify, defend, and hold harmless Harmony Homez, its members, managers, and employees from any and all claims, demands, liabilities, losses, damages, or rent obligations arising out of Operator's occupancy, leasing, or operation of any property sourced under this Agreement.
12. Protection Period
The protections contained within Sections 6, 7, and 8 shall remain effective during the term of this Agreement and for thirty-six (36) months following expiration or termination.
13. Transactions During Protection Period
If Operator enters into any transaction involving a Protected Property or Protected Contact during the Protection Period, Harmony Homez shall remain entitled to all fees, assignment fees, compensation, and damages that would have otherwise been earned.
14. Confidentiality
Operator agrees to maintain strict confidentiality regarding:
a. Property addresses b. Landlord identities c. Business relationships d. Vendor information e. Pricing information f. Internal processes g. Assignment structures h. Referral sources 15. Attorneys' Fees
In any dispute arising from this Agreement, the prevailing party shall be entitled to recover reasonable attorneys' fees and costs.
17. Entire Agreement
This Agreement constitutes the entire understanding between the parties and supersedes all prior discussions and understandings.
Harmony Homez
By (signature):
Harmony Homez, LLC
Name:
Harmony Homez Representative
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