Equity Agreement Document Withdrawal In Nassau

State:
Multi-State
County:
Nassau
Control #:
US-00036DR
Format:
Word; 
Rich Text
Instant download

Description

In equity sharing both parties benefit from the relationship. Equity sharing, also known as housing equity partnership (HEP), gives a person the opportunity to purchase a home even if he cannot afford a mortgage on the whole of the current value. Often the remaining share is held by the house builder, property owner or a housing association. Both parties receive tax benefits. Another advantage is the return on investment for the investor, while for the occupier a home becomes readily available even when funds are insufficient.


This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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FAQ

Financial Strength Rating AM BESTKBRA Rating B++ BBB+ Most Recent Action February 14, 2024 September 25, 2024 Ranking 5th of 13 ratings levels 8th of 23 ratings levels

A.M. Best Rating: Nassau Life Insurance Company has received a rating of B+ from A.M. Best. This rating reflects the company's financial strength and ability to meet ongoing insurance obligations.

1 ANN (Rev 07/ 21) LAIMS DEPARTMENT, P.O. Box 22012. Albany, New York 122012012. 18778158097.

Phoenix Companies Nassau Life Insurance Company / Parent organization

Please contact the Nassau Service Center at 1-800-541-0171 to discuss the specific options that may be available based on your policy.

Nassau Financial Group is headquartered in Hartford, Connecticut with $24.8 billion in assets under management and 370,000 policyholders and contract holders. We have been doing this a long time – 170 years – but we remain humble enough to always try to improve.

Nassau Financial Group is headquartered in Hartford, Connecticut with $24.8 billion in assets under management and 370,000 policyholders and contract holders. We have been doing this a long time – 170 years – but we remain humble enough to always try to improve.

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Equity Agreement Document Withdrawal In Nassau