PROPERTY DIVISION. Property acquired together to furnish the residence will be disposed of by one of the following methods: A. Property will be sold and money divided equally, or B. Resident will buy out other resident(s). Sales receipts for the property will be kept and buying out price shall not ex- ceed original price paid minus 10% for depreciation.
Appears in 1 contract
Sources: Roommate Agreement
PROPERTY DIVISION. Property acquired together to furnish the residence will be disposed of by one of the following methods:
A. Property will be sold and money divided equally, or
B. Resident will buy out other resident(s). Sales receipts for the property will be kept and buying out price shall not ex- ceed exceed original price paid minus 10% for depreciation.
Appears in 1 contract
Sources: Roommate Contract
PROPERTY DIVISION. Property acquired together to furnish the residence will be disposed of by one of the following methods:
A. Property will be sold sold, and money divided equally, or
B. Resident will buy out other resident(s). Sales receipts for the property will be kept and the buying out price shall not ex- ceed exceed original price paid minus 10% for depreciation.
Appears in 1 contract
Sources: Roommate Contract