Creating Your Capital Recovery Fees
The process of creating Capital Recovery Fees is surprisingly simple.
- We enter into a "no cost" license agreement.
- You provide us with information about the property.
- The Capital Recovery Fee Instrument (called a Declaration of Covenant") is submitted for your signature and review by legal counsel.
- The Instrument is then recorded in the real property records in the county where the property is located.
The only expenses you can expect to incur are nominal filing fees charged by your county records division (usually under $200) and any professional fees charged by tax and legal advisors you may wish to consult.
Working with Freehold represents the best a joint venture has to offer. It combines your property with the power of the Freehold System, creating flexibility for sellers and buyers alike, while allowing you to recover a portion of the significant capital investment you have made in your project(s). It is a true win-win scenario.