Assignment of Membership Interest in Regency at Ridgegate, LLC by Century Communities Colorado, LLC to Daro Ventures III, LLC

Summary

Century Communities Colorado, LLC is transferring its entire 22.5% membership interest in Regency at Ridgegate, LLC to Daro Ventures III, LLC, acting on behalf of Daro Ventures, LLC and Daro Ventures II, LLC. The agreement confirms the transfer of ownership and is binding on both parties and their successors. The assignment is effective as of September 9, 2012.

EX-10.14 18 d595367dex1014.htm EX-10.14 EX-10.14

Exhibit 10.14

ASSIGNMENT OF INTEREST

IN

REGENCY AT RIDGEGATE, LLC

CENTURY COMMUNITIES COLORADO, LLC, a Colorado limited liability company (“Assignor”), hereby conveys, transfers, and assigns to Daro Ventures III, LLC, a Colorado limited liability company (“Assignee”), on behalf of Daro Ventures, LLC and Daro Ventures II, LLC, Assignor’s entire interest (the “Assigned Interest”) in Regency at Ridgegate, LLC, a Colorado limited liability company (“Ridgegate”). In connection with such assignment, Assignor and Assignee agree as follows:

Assignor hereby represents and warrants to Assignee that as of the execution of this Assignment by the two parties, that Assignor owns a 22.5% membership interest in, to and of Ridgegate.

This Assignment shall be binding upon and inure to the benefit of the successors, assignees, personal representatives, heirs and legatees of all the respective parties hereto.

This Assignment may be executed in any number of counterparts, each of which shall be considered an original for all purposes, and all of which when taken together shall constitute a single counterpart instrument. Executed signature pages to any counterpart instrument may be detached and affixed to a single counterpart, with such single counterpart with multiple executed signature pages affixed there to constituting the original counterpart instrument. All of those counterpart pages shall be read as though one, and they shall have the same force and effect as if all the signers had executed a single signature page.

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This Assignment is effective as of the 9th day of September, 2012.

 

ASSIGNOR
CENTURY COMMUNITIES COLORADO, LLC

 

Dale Francescon, CO-CEO
ASSIGNEE
DARO VENTURES III, LLC

 

Robert J. Francescon, Manager