Shared Ownership Property definition

Shared Ownership Property means any Mortgaged Property occupied or to be occupied pursuant to a Shared Ownership Lease where the Chargor holds, or will hold upon disposal on shared ownership terms by the grant of the Shared Ownership Lease, less than 100 per cent of the beneficial interest in that Mortgaged Property and the purchaser of the balance of that beneficial interest has the right to acquire a further portion of the Chargor's retained beneficial interest
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Shared Ownership Property means any property of the Borrower which is occupied on shared ownership terms so that the Borrower holds less than 100 per cent of the beneficial interest in that property and the purchaser of the balance of that beneficial interest has the right to acquire a further portion of the Borrower's retained beneficial interest.
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Shared Ownership Property means any property acquired by the Issuer or any Charging Group Member then being occupied on shared ownership terms or in respect of which the Issuer or the relevant Charging Group Member, as the case may be, grants a lease on shared ownership terms so that the Issuer or the relevant Charging Group Member holds, or is intending to hold upon disposal on shared ownership terms, less than 100 per cent. of the beneficial (or heritable) interest in that property and the purchaser of the balance of that beneficial (or heritable) interest has the right to acquire a further portion of the Issuer's or the relevant Charging Group Member's retained beneficial (or heritable) interest;
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Examples of Shared Ownership Property in a sentence

  • Shared Ownership Property means any Mortgaged Property occupied or to be occupied pursuant to a Shared Ownership Lease where the Borrower holds, or will hold upon disposal on shared ownership terms by the grant of the Shared Ownership Lease, less than 100 per cent.

  • Glen Coulthard, Red Skin, White Masks: Rejecting the Colonial Politics of Recognition (University of Minnesota Press, 2014) 72; Brian Egan, ‘Towards Shared Ownership: Property, Geography, and Treaty Making in British Columbia’ (2013) 95(1) Taylor & Francis 33, 46; Andrew Woolford, ‘Genocide, Affirmative Repair, and the British Columbia Treaty Process’ in Transitional Justice (Rutgers University Press, 2010) 137, 151.

  • A brief list follows:- Bankruptcy Search Brine Search Coal Mining Search Commons Registration Search Company Search Environmental Search HM Land Registry Search HM Land Charges Search Index Map Search Local Search Tin Mining Search Water Authority/Drainage Search Seller – This is the person selling the property sometimes also known as the Vendor Shared Ownership Property – This is where a property has been bought jointly with the Council or a Housing Association.

  • Brian Egan, ‘Towards Shared Ownership: Property, Geography, and Treaty Making in British Columbia’ (2013) 95(1) Taylor & Francis33, 44.

  • Shared Ownership Property means any Mortgaged Property occupied or to be occupied pursuant to a Shared Ownership Lease where the Borrower holds, or will hold upon disposal on shared ownership terms by the grant of the Shared Ownership Lease, less than 100% of the beneficial interest in that Mortgaged Property and the purchaser of the balance of that beneficial interest may have the right to acquire a further portion of the Borrower's retained beneficial interest.

  • Brian Egan, ‘Towards Shared Ownership: Property, Geography, and Treaty Making in British Columbia’ (2013) 95(1) Taylor & Francis33, 43.

  • Therefore, upon termination, nonrenewal, or expiration of a franchise agreement, a franchisor must, if the franchisee requests it, repurchase at fair market value the inventory, supplies, goods, fixtures, equipment, and furnishings of the franchise business.

  • Brian Egan, ‘Towards Shared Ownership: Property, Geography, and Treaty Making in British Columbia’ (2013) 95(1) Taylor & Francis33, 41.

  • Shared Ownership Property means any Mortgaged Property occupied or to be occupied pursuant to a Shared Ownership Lease where the Chargor holds, or will hold upon disposal on shared ownership terms by the grant of the Shared Ownership Lease, less than 100 per cent of the beneficial interest in that Mortgaged Property and the purchaser of the balance of that beneficial interest may have the right to acquire a further portion of the Chargor's retained beneficial interest.

  • Buy on the open marketBuy a Discounted Home on the open market (please see page 6 for details) Buy a Shared Ownership Property (please see page 6 for details)Rent from a Private LandlordRent from a Housing Association Rent from a Local CouncilOther (please specify)…………………………………………………………..


More Definitions of Shared Ownership Property

Shared Ownership Property means any property acquired by the Issuer then being occupied on shared ownership terms or in respect of which the Issuer grants a lease on shared ownership terms so that the Issuer holds, or is intending to hold upon disposal on shared ownership terms, less than 100 per cent. of the beneficial (or heritable) interest in that property and the purchaser of the balance of that beneficial (or heritable) interest has the right to acquire a further portion of the Issuer's retained beneficial (or heritable) interest;
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Related to Shared Ownership Property

  • Shared Ownership Lease means a shared ownership lease that meets:

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Common ownership means the same or substantially similar persons or entities that maintain a

  • Distributed Property shall have the meaning specified in Section 14.04(c).

  • Environmental Attribute means an aspect, claim, characteristic or benefit associated with the generation of a quantity of electricity by a Renewable Energy Facility, other than the electric energy produced, and that is capable of being measured, verified or calculated. An Environmental Attribute may include one or more of the following identified with a particular megawatt hour of generation by a Renewable Energy Facility designated prior to Delivery: the Renewable Energy Facility’s use of a particular Renewable Energy Source, avoided NOX, SO X, CO2 or greenhouse gas emissions, avoided water use (but not water rights or other rights or credits obtained pursuant to requirements of Applicable Law in order to site and develop the Renewable Energy Facility itself) or as otherwise defined under an Applicable Program, or as agreed by the Parties. Environmental Attributes do not include production tax credits or other direct third-party subsidies for generation of electricity by any specified Renewable Energy Facility.

  • Environmental Attributes means any emissions and renewable energy credits, energy conservation credits, benefits, offsets and allowances, emission reduction credits or words of similar import or regulatory effect (including emissions reduction credits or allowances under all applicable emission trading, compliance or budget programs, or any other federal, state or regional emission, renewable energy or energy conservation trading or budget program) that have been held, allocated to or acquired for the development, construction, ownership, lease, operation, use or maintenance of the Company as of: (i) the date of this Agreement; and (ii) future years for which allocations have been established and are in effect as of the date of this Agreement.

  • Subject Property means any premises located in the County on which an energy efficiency improvements, water efficiency improvements, or renewable resource applications are being or have been made and financed through an outstanding PACE loan.