Terms and Conditions for Cash Back Incentive Offer on New Condominium Purchase
These Terms and Conditions (“Terms”) govern the cash back incentive (“Incentive”) offer provided by Akoya Developer LLC, a Florida limited liability company (“Akoya Developer”). By registering for this Incentive, you (“Purchaser”) agree to the following terms and conditions:
- Eligibility:
- This Incentive is available exclusively to purchasers of new two-bedroom or three-bedroom condominium units from Akoya Developer in the condominium project known as Akoya located at 4950 Remington Drive, Sarasota, FL 34234.
- To qualify for this offer, the Purchaser must:
- Enter into a binding sale and purchase agreement (“Purchase Agreement”) for a qualifying condominium unit with Akoya Developer while this offer remains outstanding; and
- Close on the Property as prescribed in the Purchase Agreement.
- Incentive Amount:
- The Incentive is a cash credit of $10,000 to be applied to reduce Purchaser’s purchase price at closing (the “Cash Back”).
- The Cash Back will be issued by Akoya Developer only upon the successful closing pursuant to the Purchase Agreement.
- Exclusions:
- The Incentive is valid only if documented in a Purchase Agreement for a qualifying condominium unit signed by both Purchaser and Akoya Developer.
- This Incentive cannot be combined with any other promotional offers, discounts, or incentives.
- The Cash Back will not be applicable to properties purchased through resale or from other sellers.
- Any breach or cancellation of the Purchase Agreement by the Purchaser after signing will render the Incentive null and void.
- Taxes and Fees:
- The Purchaser is solely responsible for any taxes, fees, or other costs associated with the receipt of the Cash Back. Akoya Developer will not be responsible for any tax obligations arising from the Incentive.
- Akoya Developer recommends that the Purchaser consult with a tax professional to determine any tax implications of this Incentive.
- Transferability:
- This Incentive is non-transferable and is only available to the original Purchaser named in the Purchase Agreement.
- Modification or Termination of Offer:
- Akoya Developer reserves the right to modify, extend, or terminate this Incentive at any time without prior notice.
- In case of termination, Purchasers who have already signed a Purchase Agreement but not yet closed the condominium unit will still be eligible for the Incentive pursuant to their Purchase Agreement.
- Limitation of Liability:
- To the fullest extent permitted by law, Akoya Developer shall not be liable for any direct, indirect, incidental, consequential, special, or punitive damages arising out of or in connection with this Incentive offer, including but not limited to, loss of profits, loss of property, or any other damages related to the participation in this promotion or the receipt of the Cash Back.
- Akoya Developer is not responsible for any issues or delays in the processing or receipt of the Cash Back due to circumstances beyond its control, including but not limited to errors in banking or payment systems, or incorrect information provided by the Purchaser.
- In no event shall Akoya Developer’s liability exceed the amount of the Cash Back Incentive provided to the Purchaser under this offer.
- Governing Law:
- These Terms and Conditions are governed by the laws of the State of Florida. In the event of any dispute between the parties: (i) the parties shall and hereby submit to the jurisdiction of the state and federal courts of the State of Florida, and (ii) venue shall reside exclusively in Sarasota County, Florida.
- Acceptance of Terms:
- By registering to participate in this Incentive, the Purchaser agrees to all terms and conditions outlined above.
Contact Information:
For any questions regarding this offer, please contact:
Akoya Developer
7901 4th St. N. Ste 300
St. Petersburg, FL 33702