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FAMILY HOME Sample Clauses

FAMILY HOME. 3.1 The parties agree that the property at [address] is the former Family Home. 3.2 The parties agree that the value of the Family Home is X. This value has been obtained by way of registered valuation. 3.3 There is a mortgage on the Family Home with [bank] for approximately Y. 3.4 Person A has obtained a mortgage from X to purchase Person B's share of the Family Home for an agreed purchase price of X. The parties agree that this reflects the value of Person B's share on balance, and when read in conjunction with the other terms of this Agreement. 3.5 Upon Settlement, the parties will: a. Repay any existing mortgage on the Family Home (if applicable). b. Pay the costs of sale including any legal fees. c. Transfer the title of the Family Home into Person A's sole name. 3.6 Upon Settlement the Family Home will become Person A's separate property. 3.7 The parties agree to execute all documents necessary to effect the above sale and transfer (including discharge of mortgage).
Sample 1
FAMILY HOME. It is possible to reach an agreement where the family home is transferred into the name of one party, and sometimes the other party will receive a share of the home at a later date. In some cases it may be appropriate to sell the family home and divide the proceeds of sale between you, either by agreement or if necessary as ordered by the court. Other assets (such as savings, shares, investments, life policies, business assets or other property) can also be divided between each of you in accordance with any agreement you may reach. It is also possible for a lump sum payment to be made instead of the transfer of the individual asset / policy. If it is not possible for you to reach agreement about the
Sample 1
FAMILY HOME. 3.1 The parties agree that the property at 00 Xxxxx Xxxxxx, Xxxxxxxx Xxxxxxx, Xxxxxxxx, Xxx Xxxxxxx is the former Family Home. 3.2 The parties agree that the value of the Family Home is $500,000. This value has been obtained by way of registered valuation. 3.3 There is a mortgage on the Family Home with TSB Bank for approximately $200,000. a. B has obtained a mortgage from TSB Bank to purchase C's share of the Family Home for an agreed purchase price of 150,000. The parties agree that this reflects the value of C's share on balance, and when read in conjunction with the other terms of this Agreement. b. Upon Settlement, the parties will: i. Repay any existing mortgage on the Family Home (if applicable). ii. Pay the costs of sale including any legal fees. iii. Transfer the title of the Family Home into B's sole name. c. Upon Settlement the Family Home will become B's separate property. 3.4 The parties agree to execute all documents necessary to effect the above sale and transfer (including discharge of mortgage).
Sample 1
FAMILY HOME. An integrated, non-disability-specific setting in which Children live with a family who help the Child go to school, recreate, and receive services. A Family Home generally means a parental home. A Family Home also includes: (1) a kinship home, which is the home of an individual who is related to the Child by blood, marriage, or adoption; or who is a Family friend whose close relationship is acknowledged by the Child’s Family or by the Child; or who is unrelated to the Child but has an emotionally significant relationship with the Child or Child’s Family; (2) a guardian’s home; (3) a xxxxxx care home in which a xxxxxx care parent lives full-time;
Sample 1
FAMILY HOME. 3.1 The parties agree that the property at 000 XXXX Xxxx, Xxxxxxxx is the former Family Home. 3.2 The parties agree that the value of the Family Home is $300,000. This value has been obtained by way of registered valuation. 3.3 There is a mortgage on the Family Home with $150,000 for approximately $150,000. 3.4 The former Family Home at 000 XXXX Xxxx, Xxxxxxxx (“Family Home”) will be put on the market immediately, and the sale proceeds will be applied as follows: a. First, to repay any mortgage on the property (if applicable). b. Second, to meet the costs of sale including any land agent’s commission and legal fees; and c. Third, the balance will be divided equally between A and B. d. If there are insufficient funds from the sale of the Family Home to meet the costs of 3.2.1 and 3.2.2 above, the parties agree to share the costs of the deficit equally to meet the costs of 3.2.1 and 3.2.2 above and that no blance will be divided under to 3.2.3 above. 3.5 The parties agree to execute all documents necessary to effect the above sale and transfer (including discharge of mortgage).
Sample 1

Related to FAMILY HOME

  • Family Leave 1. An Appointing Authority shall grant to a full time or part time employee who has completed his/her probationary period, or if there is no such probationary period, has been employed for at least three consecutive months, an unpaid leave of absence for up to twenty-six (26) weeks in conjunction with the birth, adoption or placement of a child as long as the leave concludes within twelve (12) months following the birth or placement. The ability to take leave ceases when a xxxxxx placement ceases unless the need for additional leave is directly connected to the previous placemen 2. New employees who have completed six full months of employment but remain within their probationary period may request the appointing authority to waive their remaining wait time for FMLA. Such request shall include submission of satisfactory medical evidence that demonstrates either a.) an existing catastrophic illness; or b.) a problematic pregnancy that prevents the employee from being able to perform the functions of her position. Any leave granted under this waiver will be charged against the employee’s FMLA leave as described in this section. The remaining rights and obligations under Section 8 shall apply. 3. At least thirty (30) days in advance, the employee shall submit to the Appointing Authority a written notice of his/her intent to take such leave and the dates and expected duration of such leave. If thirty (30) days notice is not possible, the employee shall give notice as soon as practicable. The employee shall provide upon request by the Appointing Authority proof of the birth or placement or adoption of a child. 4. If an employee has accrued sick leave, personal leave, compensatory leave, or vacation credits at the commencement of his/her family leave, the employee may use such leave credits for which s/he may be eligible under the sick leave, personal leave or vacation provisions of this Agreement. The Appointing Authority may, in his/her discretion, assign an employee to temporarily backfill for an employee who is on family leave. Such assignment may not be subject to the grievance procedure. 5. At the expiration of the family leave, the employee shall be returned to the same or equivalent position with the same status, pay and length of service credit as of the date of his/her leave. If during the period of the leave, employees in an equivalent position have been laid off through no fault of their own, the employee will be extended the same rights or benefits, if any, extended to employees of equal length of service in the equivalent position in the department. 6. Employees taking an unpaid leave of absence under this provision will accrue sick and vacation leave benefits only for the first eight (8) weeks of such unpaid leave. Notwithstanding any other provision of the Agreement to the contrary, the family leave granted under this Article shall not affect the employee's right to receive any contractual benefits for which s/he was eligible at the time of his/her leave. 7. During the time an employee is on family leave, the employee shall be entitled to group health insurance coverage benefits on the same terms and conditions in effect at the time the leave began, provided the employee continues to pay the required employee share of premium while on leave. If the employee fails to return from leave, the Commonwealth may recover, as provided under FMLA, the cost it incurred in maintaining insurance coverage under its group health plan for the duration of the employee's leave.

  • Family Care Leave In accordance with RCW 49.12 and WAC 296-130, employees shall be allowed to use any or all of their choice of sick leave or other paid time off to care for a family member (as defined above) who has a serious health condition or an emergency condition. Employees shall not be disciplined or otherwise discriminated against because of their exercise of these rights.

  • Family Illness The start of a family leave for a serious health condition of a family member shall begin on the date requested by the employee or designated by Management.

  • Family Medical Leave (a) An employee is entitled to family medical leave in accordance with the provisions of the Employment Standards Act. (b) An employee who is on Family Medical Leave shall continue to accumulate seniority and service and the Home will continue to pay its share of the premiums of the subsidized employee benefits, including pension (if permitted by the Plan and matched by the employee) in which the employee is participating during the leave. (c) Subject to any changes in an employee’s status which would have occurred had he or she not been on Family Medical Leave, the employee shall be reinstated to her former position.

Most Referenced Clauses

Most Referenced Definitions