The new leasing rules include some provisions which apply specifically to «home ownership leases», or leases to Indigenous people for
private residential purposes.
Not exact matches
In addition to the activities described above, the FAST Act expanded eligible
purposes to include financing economic development, including commercial and
residential development, and related infrastructure and activities, that (i) incorporate
private investment, (ii) is physically or functionally related to a passenger rail station or multimodal station that includes rail service, (iii) has a high probability of the applicant commencing the contracting process for construction not later than 90 days after the date on which the RRIF loan or loan guarantee is obligated, and (iv) has a high probability of reducing the need for financial assistance under any other Federal program for the relevant passenger rail station or service by increasing ridership, tenant lease payments, or other activities that generate revenue exceeding costs (Transit - Oriented Development Projects or TOD Projects).
Not to use or permit or suffer the Demised Premises or any part thereof to be used for any illegal or immoral
purpose or for the
purpose of any trade or business and not to apply for planning permission for any change of use of the Demised Premises nor to use or occupy the Demised Premises other than as a
private residential flat in the occupation of one family.
The basic
purpose of the Act was to introduce a new type of
private residential tenancy for the
private rented sector in Scotland to replace the short assured tenancy and assured tenancy for all future lets.
Mr. Amter then founded the predecessor to Montegra (Equity Mortgage Investors) in 1971, as part of his strategic plan to provide «jumbo»
private capital commercial and investment
purpose residential loans to borrowers, before changing the company's name to Montegra Capital Resources, LTD..
Loans for these types of
residential properties can be financed by a hard money lender under certain circumstances; however, regulatory agencies specify that hard money and
private capital lenders can not underwrite or finance loans against a
residential property if the majority of the funds will be used for «personal, family, or household
purposes» rather than business
purposes.
State and Federal regulatory agencies stipulate that
private capital lenders are only allowed to underwrite the second type of
residential real estate loans (business -
purpose loans).
Montegra acts as the General Partner of a large Limited Partnership, with the sole
purpose of providing
private capital to invest in hard money real estate loans for commercial and investment -
purpose residential properties.
Private capital lenders (also sometimes called «hard money lenders») are increasingly in demand to provide loans for most types of commercial real estate transactions — everything from simple investment -
purpose residential properties to large - scale mixed use construction projects, from undeveloped land purchases to cash - out loans on retail properties.
Montegra is an asset - based,
private capital bridge lender with a 44 - year history of funding first - mortgage, secured loans on commercial and investment -
purpose residential property located in Colorado (especially the Denver metro area).