Common use of Housing Assistance Clause in Contracts

Housing Assistance. (i) Where the employee owns a home, financial assistance will be provided to cover the actual and reasonable costs of: (1) advertising the sale of the home if sold privately or real estate agents fees if sold by a real estate firm, (2) legal fees, (3) mortgage repayment penalty, if applicable. (ii) Where the employee has been renting accommodation, actual and reasonable costs required to cover termination of a lease. (iii) Where an employee purchases a home in the new geographic location, payment of legal fees pertaining to good title of property and acquisition of mortgage.

Appears in 3 contracts

Sources: Collective Agreement, Collective Agreement, Collective Agreement

Housing Assistance. (i) Where the employee Employee owns a home, financial assistance will be provided to cover the actual and reasonable costs of: (1) advertising the sale of the home if sold privately or real estate agents fees if sold by a real estate firm, (2) legal fees, (3) mortgage repayment penalty, if applicable. (ii) Where the employee Employee has been renting accommodation, actual and reasonable costs required to cover the termination of a lease. (iii) Where an employee Employee purchases a home in the new geographic location, payment of legal fees pertaining to good title of property and acquisition of mortgage.

Appears in 2 contracts

Sources: Faculty Agreement, Faculty Agreement

Housing Assistance. (i) Where the employee owns a home, financial assistance will be provided to cover the actual and reasonable costs of: (1) advertising the sale of the home if sold privately or real estate agents fees if sold by a real estate firm, (2) legal fees, (3) mortgage repayment penalty, if applicable. (ii) Where the employee has been renting accommodation, actual and reasonable costs required to cover the termination of a lease. (iii) Where an employee purchases a home in the new geographic location, payment of legal fees pertaining to good title of property and acquisition of mortgage.

Appears in 1 contract

Sources: Employment Agreement