Shared Ownership Lease definition

Shared Ownership Lease means a shared ownership lease that meets:
Shared Ownership Lease means a lease—
Shared Ownership Lease means a lease of a dwelling-house—

Examples of Shared Ownership Lease in a sentence

  • Paragraphs 1 to 7 above summarise the key terms of the standard form Shared Ownership Lease issued by the Homes and Communities Agency.

  • If the transaction involves a Shared Ownership Lease, you must advise us immediately.

  • Variations to the standard form lease Paragraphs 1 to 7 above summarise the key terms of the standard form Shared Ownership Lease issued by the Homes and Communities Agency.

  • Paragraphs 1 to 7 above summarise the key terms of the standard form Shared Ownership Lease issued by the Welsh Government.

  • The Shared Ownership Lease The lease is the legal document entered into by you and the Trust (in this document referred to as “we”/”us”) that sets out the rights and responsibilities of both parties.


More Definitions of Shared Ownership Lease

Shared Ownership Lease means a lease or sub lease under which an Affordable Housing Unit may be disposed of by way of shared ownership or shared equity sale and/or lease granted at a premium to be paid by the lessee or sub lessee upon completion or raised by way of mortgage or charge and under which the initial purchaser or lessee acquires an initial share of the equity in that Affordable Housing Unit and pays a rental element if required by the Affordable Housing Provider
Shared Ownership Lease means a lease in the form of the Homes England’s model shared Ownership lease and on terms that permit part purchase of the open market value of the equity in a unit in multiples of 5% (at no less than 25% initial tranche) up to a maximum of 80% together with rent payable for the open market rack rental value of the un- purchased percentage of the equity in the unit up to a value which does not exceed the rent set by the Homes England from time to time (or such other rent or form of lease approved in writing by the Council);
Shared Ownership Lease means a lease of the type described in section 70(4) of the Housing and Regeneration Act 2008.
Shared Ownership Lease means a lease which accords with Homes England model form of lease issued from time to time
Shared Ownership Lease means a lease which accords with the HCA’s model form of lease issued from time to time
Shared Ownership Lease means a lease of the type described in section 70(4) of the Act and includes such a lease whether granted before, on or after 1 April 2010.
Shared Ownership Lease means a lease (substantially in the form of the HE model lease) of the Shared Ownership Dwelling where the lessee purchases a share of the equity in the Shared Ownership Dwelling for a premium and rents the remainder and is entitled to acquire further shares of up to 80% in the Shared Ownership Dwelling at some future date or dates