On November 03, 2020 a
Exhibit,Appendix
was filed
involving a dispute between
Ramdas Shanbhag,
Ramdas Shanbhag
As Trustee For Ramdas Shanbhag Trust,
and
Equity Trust Company, Custodian, Fbo, Maria Trinidad,
Jane Doe,
Jen Len 401 K Plan Fbo Maria Trinidad,
Jen Len, Llc,
Jen Len, Llc, Revocable Living Trust,
John Doe,
Lima Charlie Llc,
Lyons National Bank,
Maria Trinidad,
Metro City Bank,
for Real Property - Other (Fraud)
in the District Court of Monroe County.
Preview
FILED: MONROE COUNTY CLERK 11/03/2020 02:38 PM INDEX NO. E2020008624
NYSCEF DOC. NO. 26 RECEIVED NYSCEF: 11/03/2020
MONROE COUNTY CLERK’S OFFICE THIS IS NOT A BILL. THIS IS YOUR RECEIPT.
Receipt # 2536024
Book Page CIVIL
Return To: No. Pages: 2
JAYLA ROSE LOMBARDO
45 Exchange Boulevard Instrument: EXHIBIT(S)
Rochester, NY 14614
Control #: 202011030410
Index #: E2020008624
Date: 11/03/2020
Shanbhag, Ramdas Time: 3:26:15 PM
Shanbhag, Ramdas
Trinidad, Maria
Jen Len, LLC
Jen Len 401 K Plan FBO Maria Trinidad
Jen Len, LLC, Revocable Living Trust
Equity Trust Company, Custodian, FBO, Maria Trinidad
Total Fees Paid: $0.00
Employee:
State of New York
MONROE COUNTY CLERK’S OFFICE
WARNING – THIS SHEET CONSTITUTES THE CLERKS
ENDORSEMENT, REQUIRED BY SECTION 317-a(5) &
SECTION 319 OF THE REAL PROPERTY LAW OF THE
STATE OF NEW YORK. DO NOT DETACH OR REMOVE.
JAMIE ROMEO
MONROE COUNTY CLERK
INDEX : E2020008624
Index # NO. E2020008624
FILED:
202011030410 MONROE COUNTY CLERK 11/03/2020 02:38 PM
NYSCEF DOC. NO. 26 RECEIVED NYSCEF: 11/03/2020
AGREEMENT
ON THE PURCHASE OF 1875 GOODMAN STREET NORTH, ROCHESTER, NEW YORK
This agreement is made between JenLen, LLC, RLT represented by Ms. Maria Trinidad [Maria]at
101, Salem Street Valley Stream New York, 1 1580 and Mr. Ramdas M. Shanbhag [Ramdas] at 93
Searingtown Road Albertson, New York, 11507 on July 23, 2014 to purchase a 1-Family residential
property at1875 GoOdman Street North, Rochester, New York. The terms of the agreements are
as follows:
1. Ownership: The Property will be in the names of both Maria and Ramdas.
2. Financing: The purchase price $ 45,000 + Closing costs are borne by Ramdas in full. The
Total amount is :Deposit $ 1000 + Closing costs $ 45,013.22 to a Total $ 46,013.22
3. Management: Maria will manage the property including finding tenants, ccilectiñg rents,
cricñÿing maintenance, book keeping, paying taxes and any and all activities
associated with the property, finances, repairs, maintenance and the tenants.
4. Management Fee: Maria will get Ten [10] percent of the total rental income on monthly
basis for finding and managing the Property.
5. Arranging Tenants: Maria will circñge for new tenants when the current tenants give
notice to leave. Loss of rental income due to absence of tenant(s)will be borne equally
by Maria and Ramdas.
6. Paying Taxes: Ramdas will pay all the taxes on this property.
7. Repair & Maintenance: Ramdas and Maria will share the maintenance and repair costs
equally at 50 % each.
Investment.
8. Return on Ramdas will be paid the balance [90 %] of the rental income by
Maria on monthly basis.
9. Payments by Maria to Ramdas: Maria will make lumpsum payments to Ramdas towards
owning the Property and keep records of payments.
10. Rental !nceme to Marla: When Maria pays $ 30,000 to Ramdas for the property, Maria will
become eligible to get 50 % of the rental income in addition to managing the Property.
Maria then will pay only 45 % of the rental income to Ramdas on monthly basis.
11. Total ownership by Marla: When Maria pays the full amount $ 46,013 to Ramdas Maria
becomes full owner of the property. Ramdas then signs off the document to have the
title [Deed] in Maria's name. Thereafter he does not get any rental income from the
Property.
Ramdas M. Shanbhag Date M ria Trinidad Date
For en, LLC, RLT.
NOTARIIATION:
No. 01008199805
Nalary Punes,Dugu at NeurMuk
OnuAAudinauuutcuume
atcausalusion Sches Nun 17.
Document Filed Date
November 03, 2020
Case Filing Date
November 03, 2020
Category
Real Property - Other (Fraud)
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FILED: MONROE COUNTY CLERK 11/03/2020 02:38 PM INDEX NO. E2020008624 NYSCEF DOC. NO. 26 RECEIVED NYSCEF: 11/03/2020 MONROE COUNTY CLERK’S OFFICE THIS IS NOT A BILL. THIS IS YOUR RECEIPT. Receipt # 2536024 Book Page CIVIL Return To: No. Pages: 2 JAYLA ROSE LOMBARDO 45 Exchange Boulevard Instrument: EXHIBIT(S) Rochester, NY 14614 Control #: 202011030410 Index #: E2020008624 Date: 11/03/2020 Shanbhag, Ramdas Time: 3:26:15 PM Shanbhag, Ramdas Trinidad, Maria Jen Len, LLC Jen Len 401 K Plan FBO Maria Trinidad Jen Len, LLC, Revocable Living Trust Equity Trust Company, Custodian, FBO, Maria Trinidad Total Fees Paid: $0.00 Employee: State of New York MONROE COUNTY CLERK’S OFFICE WARNING – THIS SHEET CONSTITUTES THE CLERKS ENDORSEMENT, REQUIRED BY SECTION 317-a(5) & SECTION 319 OF THE REAL PROPERTY LAW OF THE STATE OF NEW YORK. DO NOT DETACH OR REMOVE. JAMIE ROMEO MONROE COUNTY CLERK INDEX : E2020008624 Index # NO. E2020008624 FILED: 202011030410 MONROE COUNTY CLERK 11/03/2020 02:38 PM NYSCEF DOC. NO. 26 RECEIVED NYSCEF: 11/03/2020 AGREEMENT ON THE PURCHASE OF 1875 GOODMAN STREET NORTH, ROCHESTER, NEW YORK This agreement is made between JenLen, LLC, RLT represented by Ms. Maria Trinidad [Maria]at 101, Salem Street Valley Stream New York, 1 1580 and Mr. Ramdas M. Shanbhag [Ramdas] at 93 Searingtown Road Albertson, New York, 11507 on July 23, 2014 to purchase a 1-Family residential property at1875 GoOdman Street North, Rochester, New York. The terms of the agreements are as follows: 1. Ownership: The Property will be in the names of both Maria and Ramdas. 2. Financing: The purchase price $ 45,000 + Closing costs are borne by Ramdas in full. The Total amount is :Deposit $ 1000 + Closing costs $ 45,013.22 to a Total $ 46,013.22 3. Management: Maria will manage the property including finding tenants, ccilectiñg rents, cricñÿing maintenance, book keeping, paying taxes and any and all activities associated with the property, finances, repairs, maintenance and the tenants. 4. Management Fee: Maria will get Ten [10] percent of the total rental income on monthly basis for finding and managing the Property. 5. Arranging Tenants: Maria will circñge for new tenants when the current tenants give notice to leave. Loss of rental income due to absence of tenant(s)will be borne equally by Maria and Ramdas. 6. Paying Taxes: Ramdas will pay all the taxes on this property. 7. Repair & Maintenance: Ramdas and Maria will share the maintenance and repair costs equally at 50 % each. Investment. 8. Return on Ramdas will be paid the balance [90 %] of the rental income by Maria on monthly basis. 9. Payments by Maria to Ramdas: Maria will make lumpsum payments to Ramdas towards owning the Property and keep records of payments. 10. Rental !nceme to Marla: When Maria pays $ 30,000 to Ramdas for the property, Maria will become eligible to get 50 % of the rental income in addition to managing the Property. Maria then will pay only 45 % of the rental income to Ramdas on monthly basis. 11. Total ownership by Marla: When Maria pays the full amount $ 46,013 to Ramdas Maria becomes full owner of the property. Ramdas then signs off the document to have the title [Deed] in Maria's name. Thereafter he does not get any rental income from the Property. Ramdas M. Shanbhag Date M ria Trinidad Date For en, LLC, RLT. NOTARIIATION: No. 01008199805 Nalary Punes,Dugu at NeurMuk OnuAAudinauuutcuume atcausalusion Sches Nun 17.