Autism Treatment Center Investment Details
Treatment Funding, LLC has created an Escrow Account for the purpose of gathering funding for the establishment of Neuro Health Centers. Brain Treatment Center/Wave Neuroscience provides a cutting-edge technology (MeRT) with a mapped and focused treatment of the areas of the brain that are impaired. The treatment has a spectacular positive effect on Autism.
1. Your Investment
Your Investment is secure. Our Escrow Agent (see below) will keep your contribution to an escrow account that will not be released until the stated goals are accomplished. There are benchmarks that must be met before any funds are disbursed to any parties for any services, equipment, lease, etc.
- Your Investment will not be disbursed without your final written approval once the stated incremental financial goals are achieved. At that time, you may approve all or part of your contribution to disbursement.
- Your Investment is refundable. If for any reason you wish to withdraw your contribution, all or in part, prior to the disbursement of the funds, you will receive it back in full.
2. Return On Investment
- You will be paid 10% (APR) Interest Only Payments Monthly for the term of the Investment.
- Your Investment will be paid back with an additional 10% Repayment Benefit.
3. Example
- $50,000 Investment pays 10% APR Monthly payment of $417.
- Additional Repayment Benefit- 10% of Investment amount $5,000.
- Total Repayment $55,000. plus the Interest earned over the term of the investment. Smaller investments also accepted at the same rate of return.
- Repayments may be made in increments that will pay 10% of the amount of increment repaid. Example: $10,000 Repayment increment will include the repayment benefit totaling $11,000.
4. Collateral
Treatment Funding, LLC has a Licensing Agreement with Brain Treatment Center/Wave Neuroscience with a current value of $50,000. All rights to this Licensing Agreement will be attached to the Investment as a form of collateral.
Other preferred Return On Investment arrangements can be made upon request.
Escrow Agent
What Is an Escrow Agent?
An escrow agent is a person or entity that holds the property in trust for third parties while a transaction is finalized or disagreement is resolved. The escrow agent has a fiduciary responsibility to both parties of the escrow agreement.
Escrow Agent Explained
An escrow agent essentially serves as a neutral middleman in the context of an escrow agreement. An escrow agreement is a contract between two parties whereby they agree that a third party should hold an asset on their behalf until their transaction is completed. The funds or assets are held by the escrow agent until it receives the appropriate instructions or until predetermined contractual obligations have been fulfilled.
Escrow Agent and Trustees
There are similarities between the role of a trustee and the role of an escrow agent, but there are significant differences as well. The two roles are similar in that in each case a third party holds the property “in trust” for someone else and has a fiduciary duty. However, a trustee has a duty toward the beneficiary (or beneficiaries) of the trust and must act in their best interest. In contrast, an escrow agent’s duty is toward both parties of a transaction, and they are tightly bound by the terms of the escrow agreement.
What Is an Escrow Agreement?
An escrow agreement is a contract that outlines the terms and conditions between parties involved, and the responsibility of each. Escrow agreements generally involve an independent third party, called an escrow agent, who holds an asset of value until the specified conditions of the contract are met. However, they should fully outline the conditions for all parties involved.
Key Takeaways
- An escrow agreement is a legal document outlining terms and conditions between parties as well as the responsibility of each.
- Agreements usually involve an independent third party called an escrow agent, who holds money or an asset until the contract’s conditions are met.
- The escrow agreement generally includes, but is not limited to, information about the escrow agent’s identity, the funds in escrow, and the acceptable use of funds by the agent.
How Escrow Agreements Work
In an escrow agreement, one party—usually a depositor—deposits funds or an asset with the escrow agent until the time that the contract is fulfilled. Once the contractual conditions are met, the escrow agent will deliver the funds or other assets to the beneficiary. Escrow agreements are commonly used in different financial transactions—especially those that involve significant dollar amounts such as real estate or online sales.
Escrow agreements must fully outline the conditions between all parties involved. Having one in place ensures all the obligations of the parties involved are met, and that the transaction is conducted in a safe and reliable manner.
An escrow agreement normally includes information such as:
- The identity of the appointed escrow agent
- Definitions for any expressions pertinent to the agreement
- The escrow funds and detailed conditions for the release of these funds
- The acceptable use of funds by the escrow agent
- The duties and liabilities of the escrow agent
- The escrow agent’s fees and expenses
- The jurisdiction and venue in the event of a legal action
Most escrow agreements are put into place when one party wants to make sure the other party meets certain conditions or obligations before it moves forward with a deal. For instance, a seller may set up an escrow agreement to ensure a potential homebuyer can secure financing before the sale goes through. If the buyer cannot secure financing, the deal can be called off and the escrow agreement canceled.
For certain transactions such as real estate, the escrow agent may open up an escrow account into which funds are deposited. Cash has traditionally been the go-to asset that people entrust to an escrow agent. But nowadays, any asset that holds a value can be put into escrow including stocks, bonds, deeds, mortgages, patents, or a check.
Escrow agreements provide security by delegating an asset to an escrow agent for safekeeping until each party meets his or her contractual obligations.
Special Considerations
There may come a time during a business transaction when it is in the best interest of one party to move forward only if it knows with absolute certainty that the other party can fulfill its obligations. This is where the use of an escrow agreement comes into play.
What Is a Fiduciary?
A fiduciary is a person or organization that acts on behalf of another person or persons to manage assets. Essentially, a fiduciary owes to that other entity the duties of good faith and trust. The highest legal duty of one party to another, being a fiduciary requires being bound ethically to act in the other’s best interests.
A fiduciary might be responsible for general well-being, but often the task involves finances—managing the assets of another person, or of a group of people, for example. Money managers, financial advisors, bankers, accountants, executors, board members, and corporate officers all have fiduciary responsibility.
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