Right to Buy definition

Right to Buy means the right to purchase a dwelling at a discount conferred on tenants of Local Housing Authorities by Part V of the Housing Act 1985;
Right to Buy means the right to purchase a dwelling at a discount conferred on tenants of Councils by Part V of the Housing Xxx 0000; RTB Funds means receipts retained by a Council pursuant to the exercise of the Right to Buy;
Right to Buy means the right to buy a stake in a renewable electricity generation facility that is given by regulations under subsection (1).

Examples of Right to Buy in a sentence

  • On the 26 July 2012 Cabinet gave approval to enter into an agreement with the Secretary of State for Communities and Local Government which allows the Council to retain additional Right to Buy receipts over and above that budgeted by Treasury.

  • Capital receipts from Right to Buy (RTB) sales of council dwellings are pooled between the Council and central government.

  • The Right to Buy scheme provides and opportunity for most council tenants to buy their home at a discounted price.

  • Dwellings sold under Right to Buy are deemed to become surplus on the day that the transfer to the tenant takes place (completion of the sale), and are therefore considered operational until they are sold.

  • Right to Buy dwellings become surplus on the day that the transfer to the tenant takes place (completion of the sale), and therefore are deemed operational until they are sold.


More Definitions of Right to Buy

Right to Buy means the right conferred on tenants to buy Property from a Registered Provider under Part V of the Housing Act 1985 and includes cases in which the right is preserved under section 171A of the Housing Act 1985.
Right to Buy means the right to purchase a dwelling at a discount conferred on tenants of Councils by Part V of the Housing Xxx 0000; RP Provider means (as appropriate) a body entered on the Register as a profit making and/or a non-profit organisation (as such terms are defined in Section 115 of the HRA 2008);
Right to Buy means the right to purchase a dwelling at a discount conferred on tenants of Councils by Part V of the Housing Xxx 0000; Ring Fence Offer means the Project Pipeline and the aggregate of the Named Projects accepted by the GLA in accordance with this Agreement (as may be amended from time to time by the GLA to reflect the current terms of the RTB Programme);
Right to Buy means the right of a tenant of any Charged Property to buy or acquire part or all of such Charged Property (including, without limitation, by means of a Shared Ownership Lease (as defined in the Security Trust Deed)) from the Issuer or a Charging Group Member under section 180 of the Housing and Regeneration Act or Part V of the Housing Act 1985 (or any similar right or scheme replacing or supplementing that right) or where a grant is provided to the Issuer or the relevant Charging Group Member in respect of such a sale under section 35(1) of the Housing and Regeneration Act or any other statute conferring similar rights to buy or acquire to tenants of Registered Providers of Social Housing with which the Issuer or the relevant Charging Group Member is obliged to comply or under any contract or other voluntary arrangement conferring such a right (and including, without limitation, such rights preserved notwithstanding any previous transfer of such Charged Property from any local authority);
Right to Buy means the right of a tenant of any Charged Property to buy all or part of such Charged Property (including, without limitation, by means of a shared-ownership lease where the terms of any such lease are either in the form recommended by the Housing Corporation or have been approved by the Authority including, in particular, any mortgagee protection provisions proposed to be inserted in any such lease) from the Borrower under Section 16 of the Housing Act, Part V of the Housing Act 1985 (or any similar right or scheme replacing or supplementing that right) or where a grant is provided to the Borrower in respect of such a sale under Section 21 of the Housing Act or any other statute conferring similar rights to tenants of Registered Social Landlords or under any contract conferring such a right and including, without limitation, such preserved rights.
Right to Buy means the right to purchase a dwelling at a discount conferred on tenants of local authorities by Part V of the Housing Act 1985; Right to Shared Ownership means the right for a tenant to purchase an eligible dwelling on Shared Ownership Lease terms as more particularly described in the RTSO Guidance and the Capital Funding Guide;
Right to Buy means that Franchisor shall have the right to buy Franchisee's interest in the Franchised Business at fair market value which shall be determined by Franchisor and Franchisee each selecting an appraiser to determine the purchase price. If the two appraisals are more than five percent (5%) apart, then Franchisor and Franchisee's appraisers shall select a third appraiser to provide a third appraisal. If any two (2) appraisals are within five percent (5%) of each other the purchase price shall be the average of the two (2) appraisals. Such purchase price shall include the value of goodwill and other intangibles which can be directly related to Franchisee's efforts in operating the Franchised Business. However, no value shall be given for goodwill or intangibles associated with the Franchisor marks. If Franchisee shall not remain a Franchisee as indicated above or this Agreement is not renewed, the following rights and privileges granted hereunder to Franchisee shall forthwith terminate, and: