Affiliated Business Arrangement Disclosure Statement: Grandmas House

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AFFILIATED BUSINESS ARRANGEMENT

DISCLOSURE STATEMENT
Buyer/Borrower Name(s): Grandmas House

Property Address: 600 15 1/2 Ave NW Kasson MN 55944

This is to give you notice that Bridge Realty, LLC (hereinafter "Bridge Realty") has a business
relationship with Lake Title, LLC ("Lake Title"). The nature of the relationship is that some or all of the
shareholders/owners of Bridge Realty own, either directly or via a "holding company", up to 50% of
Lake Title. Because of this relationship, this referral may provide the shareholders/owners of Bridge
Realty with a financial or other benefit.

YOU ARE NOT REQUIRED TO USE THE LISTED PROVIDER AS A CONDITION FOR THE
PURCHASE OF THE SUBJECT PROPERTY. THERE ARE FREQUENTLY OTHER TITLE
INSURANCE PROVIDERS WITH SIMILAR SERVICES. YOU ARE FREE TO AND ARE
ENCOURAGED TO SHOP AROUND TO DETERMINE THAT YOU ARE RECEIVING THE
BEST SERVICES AND THE BEST RATE FOR THESE SERVICES.

Set forth below is the estimated charge or range of charges for the settlement services listed.

Minnesota Estimated Charge or Range of Charges


Owner’s and/or Lender’s Policy Premium
($100 Minimum Fee)
Up to $250,000 of coverage……….$2.00 - $3.20 per thousand, plus
Over $250,000 up to $500,000…….$1.25 - $2.00 per thousand, plus
Over $500,000 up to $1,000,000…..$1.00 - $1.75 per thousand

Endorsement Fee (as applicable based on loan and/or property type)


$1.00 - $250.00
Simultaneous issue of Owner’s/Homeowner’s and Lender’s Policy Fee
(This fee does not include policy premiums)
$1.00 - $100.00
PLEASE NOTE: An “Enhanced Homeowner’s Policy”, if selected, shall increase the premiums by 10%
Settlement/Closing Related Fee(s)
$225.00 - $950.00

ACKNOWLEDGEMENT:
I/We have read this disclosure and understand that Bridge Realty is referring me/us to purchase the above described
title insurance and/or settlement service(s) and may receive a financial or other benefit as the result of this referral.

Buyer/Borrower Date Buyer/Borrower Date

Seller Date Seller Date

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