LETTER OF INTENT


LIMITATION: This Letter of Intent is not a contract, not an offer to contract, and not an acceptance of any offer, but is merely an expression of interest by the parties in negotiating the purchase of the real property described below. Both parties understand and acknowledge that this Letter of Intent is not binding in any manner and the signatures below shall not be used to establish any binding agreement. For a binding agreement, the parties understand that they must execute a separate written document such as the Florida Association of Realtor's Residential "As Is" Sale and Purchase Contract.

The parties should not rely on this Letter of Intent of the terms set forth below for any purpose, including, but not limited to, incurring expenses in connection with the acquisition or sale of the property, giving up other acquisition of sale opportunities, or taking any other action which may be detrimental to their interests.

AGENCY: This Letter of Intent must be accompanied by a Disclosure Regarding Real Estate Agency Relationships and the following agency relationships are hereby confirmed for this transaction:

Seller's Agent: The Tubb Family Trust, is the agent of the Seller exclusively.

Buyer's Agent (print firm name:) is the agent of (check one):
The Buyer exclusively; or the Seller exclusively; or both Buyer and Seller.

TERMS AND CONDITIONS:
Property Address: 11916 N. Riverhills Dr.
Purchase Price: $
Deposit Amount: $
Down Payment(including deposit): $
Amount and Type of Loan: $
Is the Obtaining of the Loan a Contingency?: Yes No
Buyer has been Pre-qualified by:
Escrow Closing Date:
Additional Terms
or Contingencies:
Seller is requested to respond by: August 31, 2006
Print Buyer's Name(s):
Buyer's Signature(s):
Buyer's Real Estate Broker:
Broker's Phone: FAX:
Broker's email:

SELLER'S RESPONSE:
Seller's Response to Buyer:
Print Seller's Name: The Tubb Family Trust Date:
Seller's Signature: Date:

THIS IS NOT A CONTRACT. THE ABOVE TERMS ARE NOT INTENDED TO BE BINDING ON EITHER PARTY.


THIS DOCUMENT IS FOR USE IN SIMPLE TRANSACTIONS AND NO REPRESENTATION OR WARRANTY IS
MADE TO THE VALIDITY OR ADEQUACY OF ANY OF ITS PROVISIONS IN ANY TRANSACTION


Print form, complete, and mail to:
The Tubb Family Trust
11916 N. Riverhills Dr.
Tampa, Fl 33617

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