Cherubim Interests, Inc. announced that it has executed a Letter of Intent with SVN|TJF Investments. The company and SVN|TJF Investments will work in a joint venture within the Dallas/Fort Worth Metroplex that will develop, construct, and lease a number of yet to be determined single-family residences that will then be divested to a pre-determined purchaser for amounts based on cap rates conducive to their respective geographic areas. Cherubim Interests has agreed to: Locate and manage a relationship within the Industry Sector to pre-lease and manage (the Property Manager) any portion of the Business Model which has been completed, at industry standard rates, through the sale of the commodity for the actual cost of required services and related expenses plus a 5% management fee; Initiate communications and establish definitive relationships with all requisite Government Offices, Professional Personnel and Services related to the Business Model; Locate and manage a developer to develop the land including all required engineering and permitting in accordance to the Business Model at industry standard rates through completion which would include any final inspections and approvals by the appropriate governing body for the actual cost of required services and related expenses plus a 5% management fee; and Locate and manage a contractor to construct the residences, including all required Architectural Work, Engineering and Permitting in accordance to the Business Model at industry standard rates through completion, which would include any final inspections and approvals by the appropriate governing body for the actual cost of required services and related expenses plus a 5% management fee. SVN/TJF Investments has agreed to: Provide consultation and assistance on an as-needed basis to Cherubim Interests on all subjects described under the caption Cherubim Interests Agrees herein above; Initiate communications and establish definitive relationships with all Professional Personnel to assess the risk, establish appropriate values, and identify purchasers of the Business Model on an individual opportunity basis (the Underwriting); and Market and sell the Individual Business Model(s) for consideration(s) of Industry Standard Brokerage Fees and 10% of the Net Profit received by Cherubim Interests.