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LOmpit the family for “Peace”

LOve Many in Peace with Integrity and Trust

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Potential Owner(PO) Residential unit

Responsibilities;-

 

To report any problems with the property or paying the rent as a first opportunity to the Home Manager.

 

Before the PO moves in it must sign a full repairing tenancy agreement, assign a Home Manager that must be approved by the Local Council.

 

Purchase 2 shares for £2000, which they will lose if they don’t keep up repayments when they will enter minimum size property if they cannot come to an arrangement with the Home Manager, which could involve revaluing the property and issuing more shares.   see Housing Here

 

If the  Potential Owner(PO) wishes to buy extra shares he can

1.     From the council, if they hold them then

2.     From any other share holder except the Home Manger unless he/she is the council representative.

3.     From the Home manager.

 

Once the PO has purchased all the shares he/she will become the owner.

 

*** The End ***

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