Appreciation Cap definition
Examples of Appreciation Cap in a sentence
The County will not enter into any agreement with the Subject Property Owner that imposes a Price Appreciation Cap on the Subject Property, unless the applicable Association(s) expressly agrees to such Price Appreciation Cap in writing.
The Appreciation Cap shall also be adjusted in the manner described in subparagraph (e).
For example, if a property is purchased for $100,000 with a Price Appreciation Cap of 3% per year, after one year, the owner may sell it for $103,000; after five years the owner may sell it for $112,551; after ten years the owner may sell it for $130,477, etc.
Nothing herein is intended to establish a Price Appreciation Cap on the Subject Property.
The required adjustment shall be made by dividing the Appreciation Cap by the relevant Dilution Adjustment.
The Appreciation Cap shall also be adjusted in the manner described in paragraph (e).