Transfer Fee for For-Sale units Sample Clauses

Transfer Fee for For-Sale units. As a condition of the approval of this Agreement, the Developer agrees that there shall be a transfer fee (the “Transfer Fee”) imposed by the Town upon the sale or resale of residential units excepting designated affordable units within the Property. The Transfer Fee shall be 1% of the sales price. The Transfer Fee shall be put into a fund and held by the agency administering the affordable homeownership units to offset the expenses it incurs in stewarding and managing the affordable units. Management duties covered by this fee include: Collection of Transfer Fees and management of the Transfer Fee Fund; Direct project management assistance to owners of affordable units in making major repairs and upfits to their units; Technical assistance to owners of affordable units who experience financial difficulties, in order to prevent foreclosures; Management of property tax assessments and bills for the affordable units, which undergo a unique process designed for leasehold properties; Intervention in and mitigation of any nuisance or criminal behavior that might occur in the affordable units; Assistance in resolving disputes between owners of affordable units home owners association; and Collection and management of fee which pays for long term, major maintenance of the units.
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Transfer Fee for For-Sale units. As a condition of the approval of this Agreement, the Developer Owner agrees that there shall be a transfer fee (the “Transfer Fee”) imposed by the Town upon the sale or resale of residential units excepting designated affordable units within the Developed Property. The Transfer Fee shall be 1% of the sales price. Notice of the Transfer Fee shall be put in the chain of title for all for-sale units and the fee shall be put into a fund and held by the agency administering the affordable homeownership units to offset the expenses it incurs in stewarding and managing the affordable units. Management duties covered by this fee include:
Transfer Fee for For-Sale units. As a condition of the approval of this Agreement, the Developer Owner agrees that there shall be a transfer fee (the “Transfer Fee”) imposed by the Town upon the sale or resale of residential units excepting designated affordable units within the Developed Property. The Transfer Fee shall be 1% of the sales price. Notice of the Transfer Fee shall be put in the chain of title for all for-sale units and the fee shall be put into a fund and held by the agency administering the affordable homeownership units to offset the expenses it incurs in stewarding and managing the affordable units. Management duties covered by this fee include: Collection of Transfer Fees and management of the Transfer Fee Fund; Direct project management assistance to owners of affordable units in making major repairs and up-fits to their units; Technical assistance to owners of affordable units who experience financial difficulties, in order to prevent foreclosures; Management of property tax assessments and bills for the affordable units, which undergo a unique process designed for leasehold properties; Intervention in and mitigation of any nuisance or criminal behavior that might occur in the affordable units; Assistance in resolving disputes between owners of affordable units and the home owners association; and Collection and management of fee which pays for long-term, major maintenance of the units.
Transfer Fee for For-Sale units. As a condition of the approval of this Agreement, the Developer agrees that there shall be a transfer fee (the “Transfer Fee”) imposed by the Town upon the sale or resale of residential units excepting designated affordable units within the Property. The Transfer Fee shall be 1% of the sales price. The Transfer Fee shall be put into a fund and held by the agency administering the affordable homeownership units to offset the expenses it incurs in stewarding and managing the affordable units. Management duties covered by this fee include:
Transfer Fee for For-Sale units. Monies will be collected as a transfer fee (the “Transfer Fee”) upon the sale or resale of residential units excepting designated affordable units within the Property. The Transfer Fee will be set at a percentage of 1% of the sales price. The Transfer Fee will be put into a fund and held by the agency administering the affordable homeownership units to offset the expenses it incurs in stewarding and managing the affordable units. Management duties covered by this fee include:

Related to Transfer Fee for For-Sale units

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  • Criteria for Selection a. The Sabbatical Selection Committee shall use four (4) criteria for selection of academic employees to receive sabbaticals. These are: the merit of the sabbatical project, the applicant’s current and previous contributions to the College community, the proposal’s relevancy to the College’s Strategic Plan and whether or not the applicant has had a previous sabbatical. In instances where these criteria are equal, seniority shall be the determining factor.

  • Promotions Transfers VACANCIES

  • Onward transfers The data importer shall only disclose the personal data to a third party on documented instructions from the data exporter. In addition, the data may only be disclosed to a third party located outside the European Union (in the same country as the data importer or in another third country, hereinafter ‘onward transfer’) if the third party is or agrees to be bound by these Clauses, under the appropriate Module, or if:

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  • Payment Method Used for My Transaction Selecting a preferred payment method Paying online If you have chosen an online preferred payment method, it will be shown as the primary method of payment. We'll process payments for goods or services made online using your preferred payment method or an available payment method you choose for a particular transaction during checkout. We'll process payments to friends and family using an available payment method you choose for the transaction. In-store and Automatic Payments If you have chosen a preferred payment method for in store transactions or for automatic payments, we'll process the payment using: • any PayPal balance you hold in the currency of the payment; then • your preferred payment method or an available payment method you choose for any remaining amount. There may be times when your preferred payment method cannot be used, for example, if you select a card that has expired. 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