Equity Share Statement With Others In Oakland

State:
Multi-State
County:
Oakland
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

City Officials Rebecca Kaplan. At-Large Councilmember. Dan Kalb. Interim Council President & District 1 Councilmember. Nikki Fortunato Bas. District 2 Councilmember. Carroll Fife. District 3 Councilmember. Janani Ramachandran. District 4 Councilmember. Noel Gallo. District 5 Councilmember. Kevin Jenkins. Treva Reid.

The Oakland Campaign Reform Act (OCRA) and other local campaign ordinances contain restrictions and requirements such as contribution limits, optional spending limits, prohibitions on contributions from contractors, and electronic filing of campaign data.

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Equity Share Statement With Others In Oakland