Real Estate Purchase Agreement

Exhibit 10.20

Real Estate Purchase Agreement

This Real Estate Purchase Agreement (“Agreement”) is hereby made on December 12, 2014 by and between ID Global Solutions Corporation of 160 E. Lake Brantley Drive, Longwood, FL 32779 (“Seller”) and Megan DeVault and Jeffrey DeLeon of 2803 Dorell Avenue, Orlando Florida 32814 (“Purchaser”).

Together with Seller’s ownership and rights, if any, to land lying in the bed of any street or highway, opened or proposed, adjoining the Premises to the center line thereof, including any right of Seller to any unpaid award by reason of any taking by condemnation and/or for any damage to the Premises by reason of change of grade of any street or highway. Seller shall deliver at no additional cost to Purchaser, at Closing (as hereinafter defined), or thereafter, on demand, any documents that Purchaser may reasonably require for the conveyance of such title and assignment and collection of such award or damages.

Seller currently occupies the Premises as its primary office space, and it shall continue to do so following Closing based on the terms and conditions herein.

At Closing the Purchaser shall execute a 12-month lease agreement with the Seller for a fixed monthly all-inclusive rate of $3000. The Lease shall commence on the first of the month following Closing. The Purchaser shall also offer the Seller an option for an additional 12-month lease extension at a fixed all-inclusive rate of $3300 per month. The Lease shall executed contemporaneously or prior to Closing.

It is understood that a material inducement to entering into this Contract, is the allowance of a due diligence period sufficient to allow Purchaser to conduct needed inspections of the Premises, review and inspect title for the Premises and otherwise verify the representations and warranties set forth herein. Seller shall cooperate in furnishing any documentation needed to Purchaser in this regard. The Due Diligence Period shall commence on the date a complete title search and due diligence documents requested from Seller are received, and continue for five (5) business days thereafter, during which period the Contract shall be fully terminable at Purchaser’s discretion. Purchaser must submit any request for due diligence materials to Seller no later than close of business on December 12, 2014..

The amount of Two Hundred Forty Thousand Dollars ($240,000) shall be paid as follows: cash; good certified check of Purchaser or official check issued by any bank, savings bank, trust company, or savings and loan association, unendorsed and payable to the order of Seller as Seller may otherwise direct upon reasonable prior notice (by telephone or otherwise) to Purchaser; wire transfer; or as otherwise agreed to by Seller or Seller’s attorney.

Loan interest, property taxes, insurance, fuel oil, and rents shall be prorated as of the date of Closing. All security deposits shall be transferred to Purchaser at Closing. All escrow accounts for taxes and insurance are to be included in the purchase price and shall be transferred to Purchaser at Closing. Any shortage in these accounts shall be charged to Seller at Closing.

The Premises are sold and conveyed subject to zoning and subdivision laws and regulations and landmark, historic, or wetlands designation, provided that they are not violated by the existing buildings and improvements erected on the Premises or their use; consents for the erection of any structures on, under, or above any streets on which the Premises abut; and encroachments of stoops, areas, cellar steps, trim, and cornices, if any, upon any street or highway.

Seller shall comply with all notes or notices of violations of law or municipal ordinances, orders or requirements noted or issued as of the date of Closing by any governmental department having authority as to lands, housing, buildings, fire, health, environmental and labor conditions affecting the Premises. The Premises shall be conveyed free of them at Closing. Seller shall furnish Purchaser with any authorizations necessary to make the searches that could disclose these matters.

This transaction shall close on or before the 19^th of December 2014.

1. Seller hereby represents that the Premises abut or have a right of access to a public road, Seller is the sole owner of the Premises, and Seller has the full right, power, and authority to sell, convey, and transfer same in accordance with the terms of this Agreement.
2. Seller agrees to transfer marketable title, free and clear of all encumbrances, except those mutually agreed upon as non-material, and pay any required state taxes or stamps required to record deed and mortgage.
3. There are no known defects, claims, disputes or environmental issues affecting or relating to the Premises.

This Agreement may not be assigned by Purchaser without the prior written consent of Seller, which shall not be unreasonably withheld, in each instance, and any purported assignment(s) made without such consent shall be void. Notwithstanding the foregoing, the Seller understands that this Contract will be assigned, and title ultimately issued to, a single purpose entity LLC, which shall be solely owned and controlled by the Purchaser.

Should Purchaser elect not to fulfill its obligations under this Agreement, all good faith deposits shall be retained by Seller as liquidated damages and full settlement of any claim and Purchaser and Seller shall be relieved of all obligations under this Agreement. If Seller defaults under this Agreement, Purchaser may seek specific performance or elect to have all good faith deposits returned on demand.

In the event that there is litigation arising out of this Agreement, the prevailing party shall be entitled to recover all costs including reasonable attorneys’ fees.

The terms and conditions of this Agreement shall bind all successors, heirs, administrators, trustees, executors, and/or assignees of the parties.

No commissions shall be paid to any Sales Agents or Finders.

This Agreement may be executed in counterparts and by facsimile signatures. This Agreement shall become effective as of the date of the last signature.

This legal and binding Agreement wil1 be construed under the laws of the State of FL, regardless of conflict of law principles. The parties voluntarily consent to the jurisdiction of all courts in the State of FL to interpret, enforce, and resolve any disputes arising from or related to this Agreement.

There are no other agreements, promises, or understandings between these parties, except as specifically set forth in this Agreement.

By signing this Agreement the parties hereto certify that they have read, understood, and agree to the terms as set forth in this Agreement. If any part of this Agreement was not understood by a party, that party sought competent legal advice prior to signing this Agreement.

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