Phrases with «grandfathering provision»

A "grandfathering provision" means that certain rules or privileges given to a person or group in the past will continue to apply to them even if the rules change for everyone else. It's like being exempt from the new rules because you were already doing something before. Full definition

Sentences with «grandfathering provision»

  • This proposed grandfathering provision would allow all owners (including those that were not currently renting their units) to lease their units to multiple, unrelated, transient tenants. (lashcondolaw.com)
  • • The proposed grandfathering provisions were unreasonable as they were inconsistent with the declaration. (lashcondolaw.com)
  • Unlike with purchase loans, there's no grandfathering provision for existing home equity loans, so for those for whom the deduction is important, looking at potentially repaying those loans sooner than expected might be worth considering. (fool.com)
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