Payment and Performance Guaranty Sample Contracts

PAYMENT AND PERFORMANCE GUARANTY

Payment and Performance Guaranty • February 7th, 2025 • Millrose Properties, Inc. • Real estate • Florida

• Contract Type
  Payment and Performance Guaranty
• Filed
  February 7th, 2025
• Company
  Millrose Properties, Inc.
• Industry
  Real estate
• Jurisdiction
  Florida

This PAYMENT AND PERFORMANCE GUARANTY (“Guaranty”) is made as of February 7, 2025, by Lennar Corporation, a Delaware corporation (“Guarantor”), in favor of MILLROSE PROPERTIES, INC., a Maryland corporation (“Owner”), having an address of 600 Brickell Avenue, Suite 1400 Miami, Florida 33131 and Owner’s affiliates identified on Schedule 1 attached hereto (the “Owner Parties”).