Common Contracts
1 similar Homeowner Participation Agreement contracts
HOMEOWNER PARTICIPATION AGREEMENT RESIDENTIAL SOUND INSULATION PROGRAMHomeowner Participation Agreement • November 8th, 2016
, N.C. (the "Property"), including the residence located on the property. As part of its Residential Sound Insulation Program ("RSIP"), the Authority has agreed to pay for the work (the "Work") to be performed on the Property, as described on the attached Site Specific Specifications, for the purpose of improving the sound insulation of the Homeowners' residence. The Work will be funded in part by a grant from the Federal Aviation Administration (the "FAA"). The Authority has also presented to the Homeowners an Avigation Easement (the "Avigation Easement") to be executed by them and by their mortgage lenders, if any, as a condition for the Authority entering into this Agreement. The Homeowners have carefully reviewed the attached Site Specific Specifications and the Avigation Easement, and they have agreed to the Work that is described on the Specifications. This Agreement describes how the Work will be done and the mutual rights and obligations of the parties in connection with the Wo
