Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How does the unit stay affordable?

affordable stay
0
10 Posted

How does the unit stay affordable?

0
10

Every buyer of an affordable unit signs a Deed Rider at closing. This is a legally binding document that states the unit stays affordable in perpetuity, provides the resale price multiplier and outlines the steps taken should you decide to sell. It is strongly recommended all affordable homeowners become familiar with the contents of the Deed Rider.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123