CO-LIVING GAPBEST FIRST DEAL
Best First Deal Contest

Official Rules (DRAFT)

DRAFT — attorney review before launch. Not final; do not rely on these rules.

1. Sponsor

Co-Living Gap, part of the Co-Living Build family. Contact: 707-800-9089. [Sponsor legal entity name and address — to be added]

2. Skill-based contest; no random drawing

This is a contest of skill. The winner is chosen by judging against the criteria below. Chance plays no part, and there is no random drawing or lottery.

3. Eligibility

Open to legal residents of the United States who are 18 or older at the time of entry. Void where prohibited or restricted by law. [Exclusions, e.g. sponsor employees and family — to be confirmed]

4. How to enter

Pay the $289 entry and deal review fee, paid in full, and submit your deal as instructed. Each entrant receives a written review of their deal, whether or not the deal is chosen. Any deal type may be entered: co-living, single-family or fix-and-flip.

$289 entry and deal review fee, paid in full. All sales final — no refunds. There are no deposits, balances, payment plans or refunds. Once you're in, you're in.

5. Referrals

Entrants are encouraged to invite other SubTo members. Referrals do not affect judging, scoring or any entrant's chances of winning.

Bonus reviews earned through referrals are feedback only and do not affect judging or scoring.

6. Judging criteria

[Weighting of each criterion and tie-break rule — to be added]

7. Judges' decision

Deals are reviewed by Co-Living Gap judges. The judges' decision is final. [Judging period and winner notification date — to be added]

8. Prize

The prize will be described at official launch, based on how many people enter. The chosen deal may receive down payment help and build support from Co-Living Gap / Co-Living Build under a written joint venture agreement. Any such support is subject to due diligence and a signed written agreement. This is not a loan offer, and there is no guarantee of funding or of any return.

9. General

Sponsor may cancel or modify the contest if required by law or if it cannot be run as planned. [Additional standard terms (privacy, publicity, limitation of liability, disputes) — attorney to draft]