No Shared Appreciation Clause Samples
The No Shared Appreciation clause establishes that any increase in the value of an asset, such as real estate or investments, will not be shared between the parties involved. In practice, this means that if the asset appreciates in value after the agreement is made, only the designated owner or beneficiary will benefit from the gain, and the other party has no claim to a portion of the increased value. This clause is commonly used to prevent disputes over profit-sharing and to ensure that the original owner retains full rights to any appreciation, thereby providing clarity and avoiding future conflicts regarding asset value increases.
No Shared Appreciation. No Home Loan has a shared appreciation feature, or other contingent interest feature;
No Shared Appreciation. The Loan has no shared appreciation rights (it being understood that equity holdings, including without limitation, preferred equity holdings, will not be considered shared appreciation rights with respect to the Loan), any other contingent interest feature or a negative amortization feature.
No Shared Appreciation. No Loan has a shared appreciation feature, or other contingent interest feature.
No Shared Appreciation. The Mortgage Loan does not allow for the Mortgagee to share in any appreciation of the value of the Mortgaged Property. (aa) Location and Type of Mortgaged Property. The Mortgaged Property is located in the state identified in the Mortgage Asset Schedule and consists of a contiguous parcel of real property with a detached single family residence erected thereon, or a two- to four-family dwelling, or an individual condominium unit in a condominium project, or an individual unit in a planned unit development or a de minimis planned unit development or a townhouse, or other property type permitted under the Underwriting Guidelines; provided, however, (to the extent required under Underwriting Guidelines) that any residence shall conform with the HUD Handbook requirements regarding such dwellings. None of the Mortgaged Properties are log homes, mobile homes, manufactured homes, geodesic domes, mixed-use properties or other unique property types. As of the respective appraisal date for each Mortgaged Property, no portion of the Mortgaged Property was being used for commercial or mixed-use purposes and since the date of such Appraisal, no portion of the Mortgaged Property has been used for commercial or mixed-use purposes.