Examples of Occupancy Interest in a sentence
At the expiration of the Occupancy Interest as provided in 29 M.P.T.L., ch.2 §1(a)(1), the Surviving Spouse must sell or transfer the Assignment to an Eligible Tribal Member after giving the Tribe the right of first refusal.
If the deceased Tribal Member devised or designated through a Housing Designation Form an Occupancy Interest in the Assignment to the Surviving Spouse and the Surviving Spouse is Seventy (70) years of age or older, the Surviving Spouse shall have an Occupancy Interest for the remaining years of his or her life.
Such insurance shall cover loss damage and in respect of staff funded by the Grant personal injury or death.
A Surviving Spouse with an Occupancy Interest may sell the Assignment to the Tribe at any time during his or her Occupancy Interest, as long as the Tribe agrees to purchase such Assignment.
If the Surviving Spouse had an Occupancy Interest, the Assignment shall be sold at auction by the Tribal Court.
A Surviving Spouse with an Occupancy Interest may devise the Assignment to an Eligible Tribal Member.
In the event that the Surviving Spouse fails to cure the default and cannot or does not sell or transfer the Assignment as herein set forth or fails to vacate such Assignment within the time specified, then the Occupancy Interest, if any, will be terminated and he or she shall be subject to an eviction action in Tribal Court, which may be brought by the DOH.
Upon purchase of an Occupancy Interest, each member may borrow against that interest pursuant to Bylaws Sections 10.2 and 6.2(L).
In the event that the Surviving Spouse, Surviving Adopted Child, or Surviving Tribal Member Dependent Child fails to cure the default and cannot or does not sell or transfer the Assignment as herein set forth or fails to vacate such Assignment within the time specified, then the Occupancy Interest, if any, will be terminated and he or she shall be subject to an eviction action in Tribal Court, which may be brought by the DOH.
If you show a depreciation amount, you must submit a depreciation schedule to the Agreement Administrator.Line 12: Occupancy Interest: Enter interest to be paid on a loan for owned property and associated expenses not covered in a separate line.Line 13: Occupancy Rent: Enter rents and leases on owned property and associated expenses not covered in a separate line.Line 14: Utilities/Heat: Enter utilities and fuel expenses associated with heating buildings.