Sweat equity definition
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.
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.
Sweat equity (the value of services performed by the borrower or members of his family) in constructing or completing the residence, generally is not an acceptable source of funds for down payment and closing costs.