YHOME TERMINATION TRANSITION REPORT (disputed) - 428 Cross St.pdf

Yhome Transition Protocol for Changing Property Management 1. Timing of Vote: a. If a vote to change the property manager (PM) occurs during the quarter, Yhome will wait until the quarter ends before transitioning. The vote will serve as a 60-day notice of intent. b. If the vote takes place at the beginning of the quarter, Yhome will transfer management at the end of that quarter. 2. Final Reporting: a. A comprehensive final report will be provided at the end of the quarter, detailing the property's status and management activities. 3. Onboarding Fee: a. A flat fee of $1,500 will be charged to onboard the property. This fee is used to establish a management line of credit that can be utilized for future property needs. 4. Additional Fees: a. A $500 one-time fee will be applied for onboarding. b. A fee of $50 per month for each month the property was under management. c. A $300 market analysis fee. 5. Equity Fee: a. A fee of 3.5% of the property's equity will be charged unless the tokens have already been minted and sent to Yhome. 6. Risk and Management Commitment: a. Yhome has taken on risk by managing the entire asset with a dedicated team that relies on the income generated. b. U