Lennar Corporation (Lennar)
AFFILIATED BUSINESS ARRANGEMENT DISCLOSURE STATEMENT


This is to give you notice that Lennar has a business relationship with Opendoor Labs, Inc. (Opendoor), in which one or more affiliates of Lennar, owns an investment interest. Because of this relationship, this referral may provide Lennar a financial or other benefit.
 
Set forth below is the estimated charge or range of charges for the settlement services listed. You are NOT required to use the listed providers as a condition for the purchase, sale, or refinance of the subject property. THERE ARE FREQUENTLY OTHER SETTLEMENT SERVICE PROVIDERS AVAILABLE WITH SIMILAR SERVICES. YOU ARE FREE TO SHOP AROUND TO DETERMINE THAT YOU ARE RECEIVING THE BEST SERVICES AND THE BEST RATE FOR THESE SERVICES.



Provider and Settlement Services/Estimated Range of Charges
SALE OF EXISTING HOME
Opendoor offers programs to buy existing homes from homeowners.

 
Settlement Services/ Description of Fee Range of Charges*
Opendoor Experience Fee (real estate transaction cost associated with purchase of home)
6% - 16% of home sales price

*The amount of the Opendoor Fee varies based on the individual property and current market conditions and does not include any upfront repair costs that may be required. There also will be other closing costs imposed by third parties related to the settlement of the sale. Contact Opendoor to obtain an offer that includes an estimate of all anticipated charges. 

ACKNOWLEDGMENT
By clicking below, I/we acknowledge we have read this disclosure form and understand that Lennar is referring me to purchase the above-described settlement services and may receive a financial or other benefit as the result of this referral.
 


Once you click "I Agree" below you will be directed to the Opendoor website.