SPLIT EQUITY: SECURE HOUSING AUSTRALIA TRUSTEE
STRUCTURE ENSURES YOUR WISHES WILL CONTINUE FOR THE NEXT 80 YEARS
- An Equity swap between your House and 1/3 share of a Shared Ownership Home.
- No debt on the Shared Ownership Home is permitted.
- The Trust Deed (80 years) is the rule book for both the house and the occupiers.
THE TRUST DEED GIVES YOU THE RIGHTS AND THE
POWERS TO CONTROL BOTH THE HOUSE AND OCCUPANT
- There will be 3 equal Trustees who make all the binding decisions.
- The Trustee for your 1/3 share of the property and your child is you, or your appointed guardian.