What is the CLT resale formula?

In limiting the resale price, a CLT resale formula limits the amount of market appreciation that can be claimed by the owner as equity. In practice, the terms limited equity formula and limited appreciation formula have sometimes been used interchangeably with the term resale formula.

What does CLT mean in real estate?

Community land trusts create and preserve affordable homeownership opportunities by retaining ownership of land and leasing it under a long-term ground lease to homebuyers who purchase the improvements on the land (typically, houses) at prices below market rates.

What are the cons of a community land trust?

Homeowners do not own the land that their home is on. There is a cap on resale profits when a homeowner decides to sell. CLTs must compete with other nonprofit housing organizations for limited resources.

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Opdes Form 605-002b Oklahoma Department Of Environmental ... - Deq State Ok

Get Opdes Form 605-002b Oklahoma Department Of Environmental ... - Deq State Ok

OPDES FORM 605-002B Sept. 5, 2011 See Reverse Side for Instructions Oklahoma Department of Environmental Quality (DEQ) Notice of Intent (NOI) for Storm Water Discharges Associated With INDUSTRIAL.

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