Sweat equity definition

Sweat equity means any contribution made by a partner to the operations of the association, including but not limited to physical labor.90 Acts, ch 1120, §1 499A.102 Local housing authority.1. A local housing authority may be created to encourage and assist the formation of housing cooperatives under this chapter. The following persons are authorized to form an authority, separately, or in combination with other authorized persons:
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Sweat equity means the provision of labor, the requisite hours
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Sweat equity. Means the documented value of labour that the applicant contributes to the project, calculated based on the prevailing labour rate where the project is located. 6. ACCOUNTABILITY AND AUTHORITY 1. Minister
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Examples of Sweat equity in a sentence

  • Sweat equity means members of an eligible family may contribute labor toward the development of a homeownership project.

  • Sweat equity is your contribution to your home repairs in the form of effort.

  • Sweat equity shares allotted by employer The period of holding shall be reckoned from the date of allotment or transfer of such equity shares (applicable from the assessment year 2008-09) Unit of a business trust [allotted pursuant to transfer of shares as referred to in section 47(xvii)] The period of holding shall include the period for which shares were held by the assessee.

  • Exemptions.Notwithstanding any other provisions in this Chapter, the following exemptions shall apply: (1) Sweat equity contracts for home construction or rehabilitation grant will not subject the grantee to coverage under this Chapter.

  • Post-purchasing counseling services should include core curriculum such as budgeting, maintaining good credit, calculating and understanding home equity, retirement savings, and foreclosure prevention; workshops on maintenance, repairs, and improvements.3. Sweat equity contribution/self-helpOwner-occupied projects only.


More Definitions of Sweat equity

Sweat equity means the value of the labor provided by or on behalf of the cooperative member, at a fixed hourly rate, for the construction, rehabilitation, operation or management of a limited equity cooperative project.
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Sweat equity means any contribution made by a partner to the operations of the association, including but not limited to physical labor.
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Sweat equity is a core tenant of the Habitat ministry. It refers to the hands-on involvement of the prospective homebuyer and his or her family in the construction of their assigned home, as well as other Habitat homes, the ReStore, and other projects. When performing sweat equity, the homebuyer partner has an opportunity to invest physically and emotionally in the mission of Habitat. Sweat equity is an exciting cornerstone of the Habitat ministry, and it is designed to meet these three important goals:
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Sweat equity means the provision of labor, the requisite hours of which shall be determined by a sweat equity certified nonprofit, spent in construction or rehabilitation of a low- or moderate-income dwelling unit by one or more members of the low- or moderate-income household who is intended to occupy the dwelling unit.
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Sweat equity means the cost savings to an assisted unit attributable to self-help construction. This amount shall be calculated by subtracting the equity prior to the commencement of work on the assisted unit from the equity at the completion of the assisted unit. For the purposes of this definition, equity means the difference
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Sweat equity means the contribution to a project in the form of work or labour time rather than money or other material resources.
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Sweat equity means you gain an ownership interest with work instead of money.
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