Plain language summary of ground lease | TapRoot CLT (USA) – Community Housing Transformation Centre – Centre de transformation du logement communautaire

Plain language summary of ground lease | TapRoot CLT (USA)

Plain language summary of the TapRoot Community Land Trust ground lease, translating the legal terms of the 99-year renewable land lease into accessible language for prospective homebuyers in Ulster County, New York, covering resale restrictions, shared equity formula, homeowner rights and responsibilities, lease fees, and mortgage provisions.
International example (USA).

Topics include community land trusts, ground lease, literacy, and affordable homeownership.

Type: Documents & Tools

Language Of Resource: EN

Location: International

Access: Free

Year: 2024

Organization: TapRoot Community Land Trust

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