SYSTEM AND METHOD FOR PROVIDING EQUITY ASSISTANCE FOR A PROPERTY PURCHASE

摘要

A method for providing equity assistance by an equity provider toward the purchase of a property by a property purchaser, comprising the steps of: the equity provider and property purchaser enter into a tenants in common agreement (TICA) in relation to the property, the TICA including the following terms: that the equity provider provides an amount of money for use by the property purchaser in purchasing the property and whereby a remaining amount of money required to purchase the property is funded by the property purchaser; that the property is purchased with the property purchaser and the equity provider being recorded as tenants in common on the title deed; and that, at the end of a stipulated deferment period, the property purchaser: returns to the equity provider the amount of money that the equity provider initially provided for the purchase together with a deferred equity investment return payment in respect thereof, as well as a share in capital gain.