Purchase Agreement — Assignment

This agreement is between Oakmont Capital, LLC (“Assignor”) and (“Assignee”). The Assignor and Assignee, when mentioned together may be referred to as Parties. Assignor agrees to assign to Assignee the property commonly known as: (“Property”). The parties agree to the following terms and conditions:

Assignor assigns all rights that he acquired under the Contract to Assignee.

Assignee accepts all terms and conditions of the Contract. Assignee fully understands the terms and conditions in the Contract and represents to Assignor that Assignee is willing and able to close the Underlying Transaction, which include paying all closing costs and buying the property as-is.

Assignee will deliver to Assignor a check, money, or wire transfer as a deposit in the amount of $ as the initial deposit on this transaction. This Assignment is not effective until the deposit is paid and both Parties sign the Assignment of Contract.

Assignor will be paid an assignment fee which is the difference between the amount due from the assignee below and the purchase price in the underlying Contract. The total amounts owed by Assignee are as follows:

Assignee must close the Underlying Transaction on or before , 20 (may be extended 30 days if needed to clear title). Time is of the essence and Assignor will be harmed if Assignee fails to timely close. Assignor will select the closing agent.

If Assignee fails to close the Underlying Transaction by the date indicated in paragraph 5, Assignee will forfeit deposit and all rights to the Property under the Contract will automatically revert back to Assignor.

Assignee to receive clear title at closing. If clear title cannot be given, then this Assignment will be cancelled and the deposit will be refunded to Assignee.

Assignee will not contact the Seller. Assignee agrees to communicate solely with and through Assignor.

Assignor may at any time before closing renegotiate the underlying purchase price in the Contract with the original seller. Assignor is entitled to the entire difference between the Contract purchase price and this Assignment. The difference, if any, will be paid as an additional assignment fee at closing. Assignor’s negotiation of the purchase price will not affect the Total Due at Closing by Assignee.

Assignee agrees to pay all closing costs of both the buyer’s and seller’s sides as specified in the underlying contract.

The Property is sold as is. Assignor makes no representation of the Property condition. This includes permitting, zoning, property access easements, major structures, foundations, occupancy, mold, lead, asbestos, and any other property defect. Assignee must do his or her own due diligence. Assignee acknowledges that they are not relying on any representation of the condition of the Property by Assignor and Assignee has willfully agreed to assume all risks related to the condition of the Property and agrees to hold Assignor harmless.

Deposit $ — Must be delivered within 24-hours of signing by:

The undersigned hereby acknowledges receipt of the Due Diligence Deposit (DD) in the amount of:

$

Received from:

Property Address:

Date Funds Received:

Received By:

For: Oakmont Capital LLC