Common use of Real Estate and Legal Fees Clause in Contracts

Real Estate and Legal Fees. On relocation, or within one (1) year of the effective date of relocation, an employee who purchases and/or sells their private dwelling house, shall be entitled to claim for the following expenses upon production of receipts: (a) Reimbursement of fees to a maximum of four thousand dollars ($4,000) charged by a real estate agency for the selling of the employee's private dwelling home in which they resided immediately prior to relocation. (b) An employee who has sold their own home without the aid of a realtor shall be entitled to claim five hundred dollars ($500). (c) Allowance for legal fees encumbered upon the employee because of the purchase of their private dwelling home in which they live after relocation shall be paid in accordance with the following: • one percent (1%) of the first forty thousand dollars ($40,000) of the purchase price; • one-half (½) of one percent (1%) of any amount of the purchase price above forty thousand dollars ($40,000); • the total cost to the Employer under Part (c) shall not exceed eight hundred dollars ($800). (d) Where an employee purchases a reasonable amount of property, secures a joint mortgage (land and private dwelling) and begins construction within six (6) months of relocation (i.e., foundation poured), the employee shall be entitled to reimbursement of legal fees not to exceed the amount specified in Section 2.10(c) above. In these circumstances, the reimbursement shall be for one transaction only. (e) The employee may only claim legal fee reimbursement under either Sections 2.10(c) or (d) above, not both.

Appears in 3 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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Real Estate and Legal Fees. On relocation, or within one (1) year of the effective date of relocation, an employee who purchases and/or sells their private dwelling house, shall will be entitled to claim for the following expenses upon production of receipts: (a) Reimbursement of fees to a maximum of four thousand dollars ($4,000) charged by a real estate agency for the selling of the employee's private dwelling home in which they resided immediately prior to relocation. (b) An employee who has sold their own home without the aid of a realtor shall be entitled to claim five hundred dollars ($500). (c) Allowance for legal fees encumbered upon the employee because of the purchase of their private dwelling home in which they live reside after relocation shall will be paid in accordance with the following: • one One percent (1%) of the first forty thousand dollars ($40,000) of the purchase price; • oneOne-half (½) of one percent (1.5%) of any amount of the purchase price above forty thousand dollars ($40,000); • the The total cost to the Employer under Part (cSection 2.10(c) shall not exceed eight hundred dollars ($800). (d) Where an employee purchases a reasonable amount of property, secures a joint mortgage (land and private dwelling) and begins construction within six (6) months of relocation (i.e., foundation poured), the employee they shall be entitled to reimbursement of legal fees not to exceed the amount specified in Section 2.10(c) above. In these circumstances, the reimbursement shall be for one (1) transaction only. (e) The employee may only claim legal fee reimbursement under in either Sections 2.10(c) or (d) above, not both.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

Real Estate and Legal Fees. On relocation, or within one (1) year of the effective date of relocation, an employee who purchases and/or sells their private dwelling house, shall be entitled to claim for the following expenses upon production of receipts: (a) Reimbursement of fees to a maximum of four thousand dollars ($4,000) charged by a real estate agency for the selling of the employee's private dwelling home in which they resided immediately prior to relocation. (b) An employee who has sold their own home without the aid of a realtor shall be entitled to claim five hundred dollars ($500). (c) Allowance for legal fees encumbered upon the employee because of the purchase of their private dwelling home in which they live after relocation shall be paid in accordance with the following: • one percent (1%) % of the first forty thousand dollars ($40,000) of the purchase price; • one-half (½) of one percent (1%) % of any amount of the purchase price above forty thousand dollars ($40,000); • the total cost to the Employer under Part (c) shall not exceed eight hundred dollars ($800). (d) Where an employee purchases a reasonable amount of property, secures a joint mortgage (land and private dwelling) and begins construction within six (6) months of relocation (i.e., foundation poured), the employee shall be entitled to reimbursement of legal fees not to exceed the amount specified in Section 2.10(c) above. In these circumstances, the reimbursement shall be for one transaction only. (e) The employee may only claim legal fee reimbursement under either Sections 2.10(c) or (d) above, not both.

Appears in 1 contract

Samples: Collective Agreement

Real Estate and Legal Fees. On relocation, relocation or within one (1) year of the effective date of relocation, an employee who purchases and/or sells their private dwelling house, shall will be entitled to claim for the following expenses upon production of receipts: (a) Reimbursement of fees to a maximum of four thousand dollars ($4,000) ), charged by a real estate agency for the selling of the employee's private dwelling home in which they resided immediately prior to relocation. (b) An employee who has sold their own home without the aid of a realtor shall be entitled to claim five hundred dollars ($500). (c) Allowance for legal fees encumbered upon the employee because of the purchase of their private dwelling home house in which they live after relocation shall will be paid in accordance with the following: • : (i) one percent (1%) of the first forty thousand dollars ($40,000) of the purchase price; • ; (ii) one-half (½) of one percent (1%) of any amount of the purchase price above forty thousand dollars ($40,000); • ; (iii) the total cost to the Employer under Part (cSection 2.10(c) shall not exceed eight hundred dollars ($800). (d) Where an employee purchases a reasonable amount of property, secures a joint mortgage (land and private dwelling) and begins construction within six (6) months of relocation (i.e., foundation poured), the employee they shall be entitled to reimbursement of legal fees not to exceed the amount specified in Section 2.10(c) above. In these circumstances, the reimbursement shall be for one transaction only. (e) The employee may only claim legal fee reimbursement under in either Sections Section 2.10(c) or (d) above, not both.

Appears in 1 contract

Samples: Collective Agreement

Real Estate and Legal Fees. On relocation, or within one (1) year of the effective date of relocation, an employee who purchases and/or sells their private dwelling house, shall will be entitled to claim for the following expenses upon production of receipts: (a) Reimbursement of fees to a maximum of four thousand dollars ($4,000) charged by a real estate agency for the selling of the employee's private dwelling home in which they resided immediately prior to relocation. (b) An employee who has sold their own home without the aid of a realtor shall be entitled to claim five hundred dollars ($500). (c) Allowance for legal fees encumbered upon the employee because of the purchase of their private dwelling home in which they live lives reside after relocation shall will be paid in accordance with the following: • one One percent (1%) of the first forty thousand dollars ($40,000) of the purchase price; • oneOne-half (½) of one percent (1.5%) of any amount of the purchase price above forty thousand dollars ($40,000); • the The total cost to the Employer under Part (cSection 2.10(c) shall not exceed eight hundred dollars ($800). (d) Where an employee purchases a reasonable amount of property, secures a joint mortgage (land and private dwelling) and begins construction within six (6) months of relocation (i.e., foundation poured), the employee they shall be entitled to reimbursement of legal fees not to exceed the amount specified in Section 2.10(c) above. In these circumstances, the reimbursement shall be for one (1) transaction only. (e) The employee may only claim legal fee reimbursement under in either Sections 2.10(c) or (d) above, not both.

Appears in 1 contract

Samples: Collective Agreement

Real Estate and Legal Fees. On relocation, relocation or within one (1) year of the effective date of relocation, an employee who purchases and/or sells their his private dwelling house, shall will be entitled to claim for the following expenses upon production of receipts: (a) Reimbursement of fees to a maximum of four thousand and five hundred dollars ($4,0004500) charged by a real estate agency for the selling of the employee's private dwelling home in which they he resided immediately prior to relocation. (b) An employee who has sold their his own home without the aid of a realtor shall be entitled to claim five seven hundred and fifty dollars ($500750). (c) Allowance for legal fees encumbered upon the employee because of the purchase of their his private dwelling home house in which they live he lives after relocation shall will be paid in accordance with the following: • one --one percent (1%) of the first forty thousand dollars ($40,000) of the purchase price; • one--one-half (½) of one percent (1%) of any amount of the purchase price above forty thousand dollars ($40,000); • the --the total cost to the Employer under Part part (c) shall not exceed eight hundred dollars ($800). (d) Where an employee purchases a reasonable amount of property, secures a joint mortgage (land and private dwelling) and begins construction within six (6) months of relocation (i.e., foundation poured), the employee he shall be entitled to reimbursement of legal fees not to exceed the amount specified in Section 2.10(c(c) above. In these circumstances, the reimbursement shall be for one (1) transaction only. (e) The employee may only claim legal fee reimbursement under in either Sections 2.10(c(c) or (d) above, not both.

Appears in 1 contract

Samples: Collective Agreement

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Real Estate and Legal Fees. On relocation, relocation or within one (1) year of the effective date of relocation, an employee who purchases and/or sells their his private dwelling house, shall will be entitled to claim for the following expenses upon production of receipts: (a) Reimbursement of fees to a maximum of four thousand and five hundred dollars ($4,0004500) charged by a real estate agency for the selling of the employee's private dwelling home in which they he resided immediately prior to relocation. (b) An employee who has sold their his own home without the aid of a realtor shall be entitled to claim five seven hundred and fifty dollars ($500750). (c) Allowance for legal fees encumbered upon the employee because of the purchase of their his private dwelling home house in which they live he lives after relocation shall will be paid in accordance with the following: • : (1) one percent (1%) of the first forty thousand dollars ($40,000) of the purchase price; • ; (2) one-half (½) of one percent (1.5%) of any amount of the purchase price above forty thousand dollars ($40,000); • ; (3) the total cost to the Employer under Part (c) shall not exceed eight hundred dollars ($800). (d) Where an employee purchases a reasonable amount of property, secures a joint mortgage (land and private dwelling) and begins construction within six (6) months of relocation (i.e., foundation poured), the employee he shall be entitled to reimbursement of legal fees not to exceed the amount specified in Section 2.10(c(c) above. In these circumstances, the reimbursement shall be for one transaction only. (e) The employee may only claim legal fee reimbursement under in either Sections 2.10(c(c) or (d) above, not both.

Appears in 1 contract

Samples: Collective Agreement

Real Estate and Legal Fees. On relocation, or within one (1) year of the effective date of relocation, an employee who purchases and/or sells their private dwelling house, shall will be entitled to claim for the following expenses upon production of receipts: (a) Reimbursement Effective upon signing of this agreement, reimbursement of fees to a maximum of four thousand dollars ($4,000) 9,440 charged by a real estate agency for the selling of the employee's private dwelling home in which they resided immediately prior to relocation. (b) An employee employee, who has sold their own home without the aid of a realtor realtor, shall be entitled to claim five hundred dollars ($500)2,120. (c) Allowance for legal fees encumbered upon the employee because of the purchase of their private dwelling home house in which they live after relocation shall will be paid in accordance with the following: • : (1) one percent (1%) of the first forty thousand dollars ($40,000) 50,000 of the purchase price; • ; (2) one-half (½) of one percent (1%) of any amount of the purchase price above forty thousand dollars $50,000; ($40,000); • 3) the total cost to the Employer under Part (c) shall not exceed eight hundred dollars ($800)1,110. (d) Where an employee purchases a reasonable amount of property, secures a joint mortgage (land and private dwelling) and begins construction within six (6) months of relocation (i.e., foundation poured), the employee they shall be entitled to reimbursement of legal fees not to exceed the amount specified in Section 2.10(c(c) above. In these circumstances, the reimbursement shall be for one transaction only. (e) The employee may only claim legal fee reimbursement under in either Sections 2.10(c(c) or (d) above, not both. Payment of reimbursements for the above will be applied upon production of receipts or proof of transaction.

Appears in 1 contract

Samples: Collective Agreement

Real Estate and Legal Fees. On relocation, or within one (1) year of the effective date of relocation, an employee who purchases and/or sells their private dwelling house, shall be entitled to claim for the following expenses upon production of receipts: (a) Reimbursement of fees to a maximum of four thousand dollars ($4,000) charged by a real estate agency for the selling of the employee's private dwelling home in which they resided immediately prior to relocation. (b) An employee who has sold their own home without the aid of a realtor shall be entitled to claim five hundred dollars ($500). (c) Allowance for legal fees encumbered upon the employee because of the purchase of their private dwelling home in which they live after relocation shall be paid in accordance with the following: one percent (1%) of the first forty thousand dollars ($40,000) of the purchase price; • one-half  one‐half (½) of one percent (1%) of any amount of the purchase price above forty thousand dollars ($40,000); the total cost to the Employer under Part (c) shall not exceed eight hundred dollars ($800). (d) Where an employee purchases a reasonable amount of property, secures a joint mortgage (land and private dwelling) and begins construction within six (6) months of relocation (i.e., foundation poured), the employee shall be entitled to reimbursement of legal fees not to exceed the amount specified in Section 2.10(c) above. In these circumstances, the reimbursement shall be for one transaction only. (e) The employee may only claim legal fee reimbursement under either Sections 2.10(c) or (d) above, not both.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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