1. All residents who sign an eighteen (18) month lease during the Lease Up Period shall qualify for entry into a drawing with the following prizes.
First Prize – ONE YEAR (12 Months) FREE RENT – to be applied to an 18 Month Lease Renewal at the same monthly rent rate as the initial lease.
Second Prize – SIX MONTHS FREE RENT – to be applied to an 18 Month Lease Renewal at the same monthly rent rate as the initial lease.
Third Prize – Four MONTHS FREE RENT – to be applied to an 18 Lease Month Renewal at the same monthly rent rate as the initial lease.
The Lease Up Period shall be defined as the period of time beginning on 06/01/25 and concluding on 11/30/2026 or once 220 of the 228 units at the The Apartments at the Isles of Porto Vista have signed leases with a term of 18 Months whichever comes first.

2. One entry per lease agreement for the specific apartment unit identified in the lease (“Unit”). Any lease renewal does not provide for a second entry.

3. One prize per lease agreement and not per individual Resident. By way of example if there are multiple Residents that signed a lease who are living in the same apartment Unit and that Unit wins a Prize, then the Prize will be awarded to as a rent credit for a new 18-month lease term for the same apartment Unit to the same Residents that signed the initial lease subject to the term and conditions in this document. Each individual Resident shall not be entitled to their own separate Prize. By way of example if Jose, Mary and Alvin sign a Lease for unit 101 and unit 101 wins a prize than in order to receive the prize Jose, Mary and Alvin shall be required to sign an 18-Month Lease renewal for the exact same apartment unit at the exact same monthly rent. If either Jose, Mary or Alvin choose not to renew then the person(s) who chooses not to renew will forfeit the prize and the remaining Residents that do renew will receive the prize in the form of a rent credit as set forth below.

4. Free Rent Prize shall have no cash value.

5. Free Rent Prize will take the form of a rent credit for the appropriate number of months on an 18-Month Lease Renewal for the same apartment Unit. By way of example if the Rent is $1,600.00 per month and the Prize is One Year Free Rent then Resident shall receive a rent credit in the amount of $1,600 x 12 = $19,200.00 which shall be divided evenly over the term of the 18-Month Lease renewal. In this example the $19,200.00 credit would be divided by 18 months and would result in a monthly credit of $1,066.67 per month and credited to the 18 Month Renewal Lease as a Concession and subject to the terms and conditions of a Concession as set forth in the Lease Agreement. In the event that Resident violates any of the terms and conditions of the 18 Month Renewal Lease the Prize will be forfeited and Resident(s) will not receive any rent credit.

6. Free rent prize shall be awarded to Resident(s) renewal lease not to the initial lease. By way of example of Resident signs a lease on 01/01/2026 and wins a prize on 12/31/2026, the Prize would not be applied to the lease signed on 01/01/2026 rather the Prize would be applied to the 18-Month Renewal lease which would begin after the lease signed on 01/01/2026 terminates.

7. Prizes are non-transferable.

8. Eligibility for the drawing are subject to winning Resident(s) compliance with all the terms and conditions of their existing lease including but not limited to, paying the rent in full and on time. By way of example if a Resident violates a any term or condition of their lease including but not limited to violating any policy such as having an unauthorized pet, or violating a smoking policy, or violating vehicle policy, or if a late fee is assessed for not paying the rent on time, then Resident will automatically be disqualified from entry in the drawing.

9. For further clarification, Failure of a Resident(s) to comply with any terms and conditions of their existing lease shall disqualify Resident from entry into the drawing.

10. Residents must be living in the unit identified in their lease agreement to qualify. If a Resident early terminates their lease they will not qualify for the drawing.