3 Income Properties for the Price of 1!! Subject address is included as part of a 3 property bundle sale totaling $36, 000. Addressesinclude 5523, 5543 and 5563 Joy Rd. Homes will not be sold separately, No Exceptions! Each deed shall represent a sale price of $12, 000 per property. Salecontingent on buyer/seller executed development agreement. Please note that the Detroit Land Bank Authority is entitled to a taxcapture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with taxabatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its taxcapture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewingthe development proforma and effect of any tax abatements on the purchase and development financing.

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