Equity Share For In Philadelphia

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

Description

The Equity Share Agreement is a legal document designed for individuals in Philadelphia entering into an investment partnership to purchase residential property. This form outlines the roles and responsibilities of two parties, referred to as Alpha and Beta, detailing their contributions to the property purchase and maintenance. Key features include the agreement on purchase price, down payment responsibilities, property title ownership, and the distribution of proceeds upon the sale of the property. The form requires clear completion of financial details, percentages of investment, and occupancy rights, particularly stating that Beta will reside in the property. Attorneys, partners, and owners will find this form essential for structuring financial partnerships, ensuring mutual understanding of investment risks, obligations, and profits. Paralegals and legal assistants may utilize this template to facilitate proper documentation and compliance with local regulations. It serves as a foundational tool for both specific property investment agreements and broader equity-sharing ventures in Philadelphia.
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FAQ

The center's work comes as a 2021 city survey showed that 84% of households in Philadelphia have high-speed internet, up from 70% in 2019. The study also found that 16% of households without internet are largely made of low-income homes or those with elderly residents.

Home sharing is a living arrangement in which two or more unrelated people share a house or apartment. A home share program provides a service that helps to match a person who has an extra room or separate unit available (a provider) with a seeker who is looking for a place to live.

Shared housing is defined as two or more people who live in one permanent rental housing unit, sharing costs associated with maintaining housing such as rent and utilities.

Shared housing means living in a property with other people and sharing some rooms, such as a kitchen and bathroom. It can be a cheaper option than renting a property by yourself. There are some different rules and responsibilities for private renters in shared housing.

An affordable housing choice that brings together homeowners who want to share their home with home seekers who are looking for housing in exchange for a contribution to living expenses, help around the house, or a combination of both.

Brenna Schmidt (she/her) serves as the Diversity, Equity and Inclusion Coordinator for the Mayor's Office of Diversity, Equity and Inclusion (ODEI).

Apply to the Shared Housing and Resource Exchange (SHARE) Program. An affordable housing choice that brings together homeowners who want to share their home with home seekers who are looking for housing in exchange for a contribution to living expenses, help around the house, or a combination of both.

The digital divide is the gap between those who have access to technology, the internet and digital literacy training and those who do not. It affects all generations – both rural and urban communities – and a wide variety of industries and sectors.

Even among populations with some access to technology, the digital divide can be evident in the form of lower-performance computers; lower-speed wireless connections; lower-priced internet connections, such as dial-up; and limited access to subscription-based content.

Digital devices are important because they play a crucial role in modern society by enhancing various aspects of daily life. They facilitate instant communication, allowing people to connect with others globally through emails, messaging apps, and video calls.

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Equity Share For In Philadelphia