HGTV Urban Oasis 2016 Sweepstakes
Grand Prize: One (1) Grand Prize Winner shall win the Grand Prize which consists of:
(i) the home located near Ann Arbor, Michigan (the “HGTV Urban Oasis”) that is featured in the “HGTV Urban Oasis” 2016 special (including home furnishings and merchandise as determined by Main Sponsor in cooperation with the Participating Product Sponsors and installed prior to conveyance) (approximate retail value (“ARV”): $715,805.33;
(ii) Fifty Thousand Dollars ($50,000) (awarded in the form of an electronic funds transfer) courtesy of national mortgage lender Quicken Loans (the “Cash Prize”).
In lieu of taking title to the HGTV Urban Oasis (and the contents of the HGTV Urban Oasis), the Grand Prize Winner will have the option of receiving $350,000 in cash in lieu of the HGTV Urban Oasis.