Property appreciation Sample Clauses

Property appreciation. In a lease to own, the parties lock in a future selling price for the home. If the home appreciates faster than expected, the buyer receives a “deal” while the seller misses out. (CON) Difficult to make a home purchase – By leasing the property instead of selling it, the seller won’t have the cash they would likely need to purchase another home. This point doesn’t apply to those who are affluent and/or own more than one (1) property. (CON) Uncertainty – Sellers can’t rely on the tenant to purchase at the end of the lease (unless they decide to use a lease-purchase agreement – see definition below). Buyer – Pros & Cons (PRO) Secure a price – During negotiation, the buyer and seller will agree on a price point for the home. If the buyer locks in a good rate, they can end up buying the property below market value. (PRO) Helps build credit – Renters that can’t qualify for a loan due to poor credit can use a lease-to-own to build their credit until it’s time to purchase. (PRO) Allows buyers to test the property/location – If the buyers aren’t 100% sure if the location/home is right for them, but they want to take a step towards purchasing, they can “test” to see if the spot is right for them. (CON) Property depreciation – During the course of the lease, the property’s value could fall. Because the purchase price has already been locked in, the renter can buy at the inflated price or walk away and forfeit the option money accumulated. (CON) Lost option fee & rent premium – If the tenant decides to walk away from purchasing, the portion of rent that has gone towards a down payment (rent premium) and the option fee is kept by the owner. This can amount to thousands of dollars of lost money. (CON) Utility/repair costs – Because the responsibilities for taking care of the property are typically on the tenant, leasing-to-own can be significantly costlier than just renting. (CON) Dependent on the owner – If the owner has a mortgage on the property and they stop making payments, they could lose the property. The same applies to property taxes. Lease-Option vs. Lease-Purchase While very similar in concept, a “lease option” and a “lease purchase” are both types of rent-to-own contracts that differ in one important factor: the tenant’s obligation. A lease option provides tenants with the option to purchase the residential property at the end of the lease, whereas a lease-purchase binds the tenant to purchase the property for a predetermined price. In other words, a lease-...
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Property appreciation. On an annual basis beginning on the date one year from the date of this Agreement, the Collateral Value shall be increased using the Turkey Consumer Price Index (“CPI”). When this determination is made, the principal amount of the loans described in Paragraphs 3 and 4 shall be modified to reflect the increase in value.
Sample 1Sample 2
Property appreciation. In a lease to own, the parties lock in a future selling price for the home. If the home appreciates faster than expected, the buyer receives a “deal” while the seller misses out. (CON) Difficult to make a home purchase – By leasing the property instead of selling it, the seller won’t have the cash they would likely need to purchase another home. This point doesn’t apply to those who are affluent and/or own more than one (1) property. (CON) Uncertainty – Sellers can’t rely on the tenant to purchase at the end of the lease (unless they decide to use a lease-purchase agreement). Buyer – Pros & Cons (PRO) Secure a price – During negotiation, the buyer and seller will agree on a price point for the home. If the buyer locks in a good rate, they can end up buying the property below market value. (PRO)
Sample 1
Property appreciation. In a lease to own, the parties lock in a future selling price for the home. If the home appreciates faster than expected, the buyer receives a “deal” while the seller misses out.
Sample 1
Property appreciation. In a lease to own, the parties lock in a future selling price for the home. If the home appreciates faster than expected, the buyer receives a “deal” while the seller misses out. (CON) Difficult to make a home purchase – By leasing the property instead of selling it, the seller won’t have the cash they would likely need to purchase another home. This point doesn’t apply to those who are affluent and/or own more than one (1) property. (CON) Uncertainty – Sellers can’t rely on the tenant to purchase at the end of the lease (unless they decide to use a lease-purchase agreement – see definition below). Buyer – Pros & Cons (PRO) Secure a price – During negotiation, the buyer and seller will agree on a price point for the home. If the buyer locks in a good rate, they can end up buying the property below market value. (PRO) Helps build credit – Renters that can’t qualify for a loan due to poor credit can use a lease-to-own to build their credit until it’s time to purchase. (PRO) Allows buyers to test the property/location – If the buyers aren’t 100% sure if the location/home is right for them, but they want to take a step towards purchasing, they can “test” to see if the spot is right for them. (CON) Property depreciation – During the course of the lease, the property’s value could fall.
Sample 1

Related to Property appreciation

  • Stock Appreciation Rights The Grantee or other person entitled to exercise this Option is further hereby granted the right ("Stock Appreciation Right") in lieu of exercising this Option or any portion thereof to receive an amount equal to the lesser of (a) the excess of the Fair Market Value of the stock subject to this Option or such portion thereof over the aggregate exercise price for such shares hereunder as of the date the Stock Appreciation Right is exercised, or (b) 200% of the aggregate exercise price for such shares hereunder. The amount payable upon exercise of such Stock Appreciation Right may be settled by payment in cash or in shares of the class then subject to this Option valued on the basis of their Fair Market Value on the date Stock Appreciation Right is exercised, or in a combination of cash and such shares so valued. No Stock Appreciation Right may be exercised, in whole or in part, (i) other than in connection with the contemporaneous surrender without exercise of this Option or the portion thereof that corresponds to the portion of the Stock Appreciation Right being exercised, or (ii) except to the extent that this Option or such portion thereof is exercisable on the date of exercise of the Stock Appreciation Right by the Person exercising the Stock Appreciation Right, or (iii) unless the class of stock then subject to this Option is then Publicly Traded.

  • Performance Appraisals 3201 The Employer shall complete a written appraisal of a nurse's performance at least bi-annually. Upon request, the nurse shall be given an exact copy of the appraisal. 3202 The nurse shall have an opportunity to read such document. 3203 The nurse's signature on such document merely signifies that the contents of the document have been read. 3204 If the nurse disputes the appraisal, she/he may file a reply to the document in accordance with Article 29, and/or she/he may file a grievance under Article 12 of this Agreement.

  • Stock-Based Awards The vesting of any stock-based compensation awards which constitute Section 409A Deferred Compensation and are held by the Executive, if the Executive is a Specified Employee, shall be accelerated in accordance with this Agreement to the extent applicable; provided, however, that the payment in settlement of any such awards shall occur on the Delayed Payment Date. Any stock based compensation which vests and becomes payable upon a Change in Control in accordance with Section 8(e)(i) shall not be subject to this Section 22(d).

  • Performance Appraisal The employee's performance will be rated by his/her immediate excluded supervisor. The rater shall discuss the performance appraisal with the employee. The employee shall have the opportunity to provide his/her comments to be attached to the performance appraisal. The employee shall sign the performance appraisal and that signature shall only indicate that the employee has read the performance appraisal. A copy shall be provided the employee at this time.

  • Award Award shall be made on an all-or-none total estimated bid basis to the lowest responsive and responsible Bidder.

  • Other Awards The grant of an Award shall not confer upon the Holder the right to receive any future or other Awards under the Plan, whether or not Awards may be granted to similarly situated Holders, or the right to receive future Awards upon the same terms or conditions as previously granted.

  • Performance Award You are hereby awarded, on the Grant Date, a Performance Award with a target value of [AMOUNT].

  • – AWARD OF CONTRACTS II.9.1 If the beneficiaries have to conclude contracts in order to carry out the action and they constitute costs of the action under an item of eligible direct costs in the estimated budget, they shall award the contract to the bid offering best value for money; in doing so, they shall take care to avoid any conflict of interests. II.9.2 Contracts as referred to in paragraph 1 may be awarded only in the following cases: a) they may only cover the execution of a limited part of the action; b) recourse to the award of contracts must be justified having regard to the nature of the action and what is necessary for its implementation; c) the tasks concerned must be set out in Annex I and the corresponding estimated costs must be set out in detail in the budget in Annex II; d) any recourse to the award of contracts while the action is under way, if not provided for in the initial grant application, shall be subject to prior written authorisation by the Commission; e) the beneficiaries shall retain sole responsibility for carrying out the action and for compliance with the provisions of the agreement. The beneficiaries must undertake to make the necessary arrangements to ensure that the contractor waives all rights in respect of the Commission under the agreement; f) the beneficiaries must undertake to ensure that the conditions applicable to them under Xxxxxxxx XX.0, XX.0, XX.0, XX.0, XX.0, XX.0, II.10 and II.20 of the agreement are also applicable to the contractor.

  • Employee Performance Review When a formal review of an employee’s performance is made, the employee concerned shall be given an opportunity to discuss, sign and make written comments on the review form in question and the employee is to receive a signed copy to indicate that its contents have been read. An employee shall be entitled to a minimum of two (2) work days to review the performance review prior to providing any response to the Employer, verbally or in writing, with respect to the evaluation.

  • Awards 1. The disputing parties may agree on a resolution of the dispute at any time before the tribunal issues its final award. 2. Where a tribunal makes a final award against either of the disputing parties, the tribunal may award, separately or in combination, only: (a) monetary damages and any applicable interest; and (b) restitution of property, in which case the award shall provide that the disputing Member State may pay monetary damages and any applicable interest in lieu of restitution. 3. A tribunal may also award costs and attorneys fees in accordance with this Agreement and the applicable arbitration rules. 4. A tribunal may not award punitive damages. 5. An award made by a tribunal shall have no binding force except between the disputing parties and in respect of the particular case. 6. Subject to paragraph 7 and the applicable review procedure for an interim award, the disputing party shall abide by and comply with an award without delay. (15) 7. The disputing party may not seek enforcement of a final award until: (a) in the case of a final award under the ICSID Convention: (i) 120 days has elapsed from the date the award was rendered and no disputing party has requested revision or annulment of the award; or (ii) revision or annulment proceedings have been completed; (b) in the case of a final award under the ICSID Additional Facility Rules, the UNCITRAL Arbitration Rules, or the rules selected pursuant to Article 33(1)(e): (i) 90 days have elapsed from the date the award was rendered and no disputing party has commenced a proceeding to revise, set aside, or annul the award; or (ii) a court has dismissed or allowed an application to revise, set aside, or annul the award and there is no further appeal. 8. A claim that is submitted for arbitration under this Section shall be considered to arise out of a commercial relationship or transaction for purposes of Article 1 of the New York Convention. 9. Each Member State shall provide for the enforcement of an award in its territory.

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