Homes with Heart25 Corporation
Official Rules and Legal Disclosures
Community Impact Home Initiative – Grand Opening Events
Thank you for supporting Homes with Heart25 Corporation (“Sponsor”).
These Official Rules govern participation in our charitable Community Impact Home Initiatives (“Initiatives”). Submission of an entry, whether accompanied by a voluntary contribution or not constitutes full and unconditional agreement to these terms. Sponsor’s interpretation of these Rules shall be final.
Void where prohibited. Subject to all applicable federal, state, and local laws.
1. Eligibility
Participation is open to legal residents of the United States who are 18 years or older at the time of entry and who meet all category-specific eligibility requirements described in the Initiative materials.
The following individuals are not eligible to participate or receive appreciation awards:
- Employees, officers, directors, contractors, or agents of Homes with Heart25 Corporation or PLM Construction, LLC
- Immediate family members of such individuals
- Individuals residing in the same household as any of the above
“Immediate family members” include spouses, parents, in-laws, siblings, children, grandparents, grandchildren, and step-relations.
2. Entry Submission
- Entries may be submitted online through the official Homes with Heart25 website.
- Contributions are non-refundable.
Entry limits:
- Gen Z, Educators, Military, First Responders Initiatives: Up to 5 entries per participant, per initiative.
- Heart Home Initiative: No limit on number of entries.
- Participants will receive confirmation with a unique entry identification number.
- All entries are non-transferable and must be associated with the individual who submitted them.
- Sponsor may, in its sole discretion, refuse, void, or cancel any entry determined to be in violation of these Rules.
3. Initiative Structure & Community Appreciation Awards
Each Initiative may select up to five (5) eligible recipients:
1. One (1) Home Appreciation Award Recipient:
Offered the newly constructed home associated with the Initiative (subject to verification).
2. Up to Four (4) Cash-Equivalent Appreciation Gift Recipients:
Each may receive a cash-equivalent appreciation award of up to $12,500, depending on final Initiative proceeds.
Across all Initiatives, there may be up to 25 total recipients. Actual numbers may vary based on participation and eligibility verification.
4. Home Appreciation Award – Cash Alternative Option
Recipients selected for a home appreciation award may elect to receive a one-time cash alternative equal to 50% of the home’s fair market value at closing.
All tax obligations belong solely to the recipient.
5. Recipient Notification & Verification
- Selected individuals will be notified using the contact information provided with their entry.
- Sponsor will issue a Recipient Notification Agreement (“RNA”) via secure electronic delivery or certified mail.
- Recipients must sign and return the RNA within 10 days of receipt.
The RNA will confirm:
- Identity and eligibility
- Acceptance of the award terms
- Acknowledgment of taxes, fees, and conditions
- Individuals who do not respond, cannot be reached, or fail to verify eligibility will forfeit the opportunity, and Sponsor may extend the offer to the next eligible individual.
- Until verification is complete, all appreciation awards remain the property of Sponsor.
6. Use of Name and Likeness
By accepting an appreciation award, recipients authorize Homes with Heart25 Corporation to use their name, city and state of residence, image, and likeness for promotional and marketing purposes, unless prohibited by law.
7. Selection Oversight
Selections will be conducted by an independent third-party administrator using computer-generated randomization to ensure fairness and compliance.
8. Sponsor’s Right to Modify or Cancel
Sponsor reserves the right to postpone, cancel, or modify any Initiative for reasons including but not limited to technical issues, legal requirements, or force majeure events.
In the event of cancellation:
- Participants may request contribution refunds in writing within 14 days of cancellation notice.
- Refunds, if issued, will be returned only to the original payment method and may take up to 60 days to process.
9. Florida Nonprofit Registration and Compliance
Homes with Heart25 Corporation is registered with the Florida Department of Agriculture and Consumer Services (FDACS), Registration No. CH80094, under Chapter 496, Florida Statutes. As a registered charitable organization, we may conduct lawful fundraising promotions, including entries, drawings, or sweepstakes-style incentives, in compliance with all applicable laws. A copy of the registration and financial information may be obtained from FDACS by calling 1-800-HELP-FLA or visiting FloridaConsumerHelp.com.
Registration does not imply endorsement by the State of Florida.
10. Limitation of Liability & Dispute Resolution
By participating, all entrants agree that:
- Homes with Heart25 Corporation, PLM Construction, LLC, and their officers, directors, employees, contractors, volunteers, and affiliates (“Released Parties”) are not liable for any claims, damages, or losses arising out of participation, selection processes, award acceptance, property transfer, or use/misuse of any appreciation award.
- Released Parties make no warranties regarding award condition, fitness, or suitability.
- Any dispute must be resolved exclusively through binding arbitration conducted by the American Arbitration Association in St. Lucie County, Florida.
- Participants initiating legal or arbitration claims agree to be responsible for all attorney fees and costs incurred by Released Parties unless gross negligence or willful misconduct is proven.
- These Rules are governed by the laws of the State of Florida.
11. Additional Disclosures
Participation is void where prohibited.
Proceeds support Homes with Heart25’s charitable housing mission. No Donation Necessary To request a free entry: Homes with Heart25 Corporation 290 NW Peacock Blvd, #881141
Port St. Lucie, FL 34986 Limit one free entry per person, per Initiative.
Requests must be received before the close of the applicable Initiative.
Individuals requesting a free entry will receive an RNA acknowledgment package that must be completed and returned prior to receiving an official entry identification number.
12. General Conditions
Sponsor may disqualify any entry submitted through fraudulent, automated, or unauthorized means. Technical failures or tampering that compromise the fairness of an Initiative may result in cancellation, suspension, or modification at Sponsor’s discretion.
13. Donor Disclosure & Tax Information
Homes with Heart25 has applied for federal tax-exempt recognition under IRC §501(c)(3). Approval will be retroactive to the date of incorporation. Voluntary contributions made in connection with these Initiatives may not be tax-deductible. Consult a tax professional.
14. Tax Liability for Recipients
Recipients are responsible for all federal, state, and local taxes, fees, and closing costs associated with an appreciation award. Sponsor will issue IRS Form 1099-MISC or 1099-NEC for awards valued at $600 or more. Recipients must submit IRS Form W-9 before award delivery.
Recipients of home appreciation awards are responsible for:
- Federal income tax
- Florida documentary stamp tax
- Title fees
- Property taxes
- HOA dues
- Insurance
- Transfer fees
- Other closing costs
Recipients selecting the cash alternative will receive 50% of net sale proceeds after closing.
Verification Requirement
ALL SELECTED INDIVIDUALS ARE SUBJECT TO VERIFICATION.
NO INDIVIDUAL IS DEEMED A RECIPIENT UNTIL ELIGIBILITY IS CONFIRMED AND THE RNA PROCESS IS COMPLETE.
Homes with Heart25 Corporation is a registered Florida nonprofit, FDACS License #CH80094. Participation in all initiatives is open with or without a donation. Suggested contributions support Homes with Heart25’s charitable housing mission and are voluntary and non-refundable. Appreciation award recipients are selected according to the Official Rules & Disclosures. No donation is necessary to enter. Void where prohibited. © Homes with Heart25 Corporation.
