Common use of Shared Ownership Clause in Contracts

Shared Ownership. Voluntary sale of rented property 4.1.1 Grant Recipients should note that this section covers voluntary sales on property on a shared ownership basis with no discount. The Gross Sale Receipts must not be below a Valid Valuation by an Independent Qualified Valuer . 4.1.2 The eligible deductions from the Gross Sale Receipts are: (a) the Deemed Loan Debt; (b) valuation expenses; and (c) legal expenses of the disposal, but no administrative allowance. 4.1.3 If the Net Sale Receipts are insufficient to enable the recovery of all of the attributable Firm Scheme Grant, then recovery of the shortfall may (with the GLA's consent) be deferred to the next staircasing sale. 4.1.4 Where recovery is deferred, the Grant Recipient must provide such supporting documentation and information to the GLA as the GLA may reasonably require.

Shared Ownership. Voluntary sale of rented property 4.1.1 Grant Recipients should note that this section covers voluntary sales on property on a shared ownership Shared Ownership basis with no discount. The Gross Sale Receipts must not be below a Valid Valuation by an Independent Qualified Valuer Valuer. 4.1.2 The eligible deductions from the Gross Sale Receipts are: (a) the Deemed Loan Debt; (b) valuation expenses; and (c) legal expenses of the disposal, disposal but no administrative allowance. 4.1.3 If the Net Sale Receipts net sale receipts are insufficient to enable the recovery of all of the attributable Firm Scheme GrantFSG, then recovery of the shortfall may (with the GLAAgency's consent) be deferred to the next staircasing sale. 4.1.4 Where recovery is deferred, the Grant Recipient must provide such supporting documentation and information to the GLA Agency as the GLA Agency may reasonably require.

Shared Ownership. Voluntary sale of rented property 4.1.1 Grant Recipients The Landlord should note that this section covers voluntary sales on property on a shared ownership basis with no discount. The Gross Sale Receipts must not be below a Valid Valuation by an Independent Qualified Valuer Valuer. 4.1.2 The eligible deductions from the Gross Sale Receipts are: (a) the Deemed Loan Debt; (b) valuation expenses; and (c) legal expenses of the disposal, disposal but no administrative allowance. 4.1.3 If the Net Sale Receipts net sale receipts are insufficient to enable the recovery of all of the attributable Firm Scheme GrantFinancial Assistance, then recovery of the shortfall may (with the GLAAgency's consent) be deferred to the next staircasing sale. 4.1.4 Where recovery is deferred, the Grant Recipient Landlord must provide such supporting documentation and information to the GLA Agency as the GLA Agency may reasonably require.

Shared Ownership. Voluntary sale of rented property 4.1.1 Grant Recipients should note that this section covers voluntary sales on property on a shared ownership Shared Ownership basis with no discount. The Gross Sale Receipts must not be below a Valid Valuation by an Independent Qualified Valuer Valuer. 4.1.2 The eligible deductions from the Gross Sale Receipts are: (a) the Deemed Loan Debt; (b) valuation expenses; and (c) legal expenses of the disposal, but no administrative allowance. 4.1.3 If the Net Sale Receipts are insufficient to enable the recovery of all of the attributable Firm Scheme Grant, then recovery of the shortfall Shortfall may (with the GLAAgency's consent) be deferred to the next staircasing Staircasing sale. 4.1.4 Where recovery is deferred, the Grant Recipient must provide such supporting documentation and information to the GLA Agency as the GLA Agency may reasonably require.

Shared Ownership. Voluntary sale of rented property 4.1.1 Grant Recipients should note that this section covers voluntary sales on property on a shared ownership basis with no discount. The Gross Sale Receipts must not be below a Valid Valuation by an Independent Qualified Valuer . 4.1.2 The eligible deductions from the Gross Sale Receipts are: (a) the Deemed Loan Debt; (b) valuation expenses; and (c) legal expenses of the disposal, disposal but no administrative allowance. 4.1.3 If the Net Sale Receipts net sale receipts are insufficient to enable the recovery of all of the attributable Firm Scheme GrantFSG, then recovery of the shortfall may (with the GLAAgency's consent) be deferred to the next staircasing sale. 4.1.4 Where recovery is deferred, the Grant Recipient must provide such supporting documentation and information to the GLA Agency as the GLA Agency may reasonably require.

Shared Ownership. Voluntary sale of rented property 4.1.1 Grant Recipients Relevant Consortium Members should note that this section covers voluntary sales on property on a shared ownership basis with no discount. The Gross Sale Receipts must not be below a Valid Valuation by an Independent Qualified Valuer . 4.1.2 The eligible deductions from the Gross Sale Receipts are: (a) the Deemed Loan Debt; (b) valuation expenses; and (c) legal expenses of the disposal, but no administrative allowance. 4.1.3 If the Net Sale Receipts are insufficient to enable the recovery of all of the attributable Firm Scheme Grant, then recovery of the shortfall may (with the GLA's consent) be deferred to the next staircasing sale. 4.1.4 Where recovery is deferred, the Grant Recipient Relevant Consortium Member must provide such supporting documentation and information to the GLA as the GLA may reasonably require.

Shared Ownership. Voluntary sale of rented property 4.1.1 Grant Recipients should note that this section covers voluntary sales on property on a shared ownership basis with no discount. The Gross Sale Receipts must not be below a Valid Valuation by an Independent Qualified Valuer . 4.1.2 The eligible deductions from the Gross Sale Receipts are: (a) the Deemed Loan Debt; (b) valuation expenses; and (c) legal expenses of the disposal, disposal but no administrative allowance. 4.1.3 If the Net Sale Receipts net sale receipts are insufficient to enable the recovery of all of the attributable Firm Scheme Grant, then recovery of the shortfall may (with the GLAAgency's consent) be deferred to the next staircasing sale. 4.1.4 Where recovery is deferred, the Grant Recipient must provide such supporting documentation and information to the GLA Agency as the GLA Agency may reasonably require.