What are my financial responsibilities as the home owner?
The home owner is solely obligated and responsible for the property taxes, mortgage, insurance and the cost of any maintenance or improvements associated with the occupying the home. You may invite the investor to participate in capital improvements (e.g., add a room, swimming pool, etc.), but their participation by making a further investment is optional and voluntary. • Can I transfer my agreement through the sale of the home? No, but you may sell the property to any other home buyer and thereby conclude the PRIMARQ agreement. • Must the home continue as my primary residence? Yes. PRIMARQ’s investors invest in owner-occupied homes exclusively. As a result, you may not seek a PRIMARQ investor for a rental property or convert your home to a rental property after a PRIMARQ investment is made. • Can the investor ask to stay or live in my home at any point? No. In all likelihood, you won’t even communicate with the investor. Their involvement is completely passive. Any communication with
