Purchase Guarantee. 23.6.2.1 The Company will provide a purchase guarantee based on an appraisal of the property's current worth by a group of up to three appraisers, to be selected by mutual agreement between Corporate Real Estate and the employee. The appraisals will be done at a time that is convenient to the employee and his/her family. Individual appraisals provided to the Company by the realtors/appraisers will not be disclosed to ensure objectivity for current and future appraisals. 23.6.2.2 The Company will not request appraisals until the employee is ready to list his or her house in the marketplace, providing this is within one year of the employee's transfer to the new work location, and the employee is prepared to abide by Subsection 23.6.2.4 and Subsection 23.6.3.1. 23.6.2.3 The employee must accept or reject the Company’s Purchase Guarantee within ten working days of its receipt. If the employee rejects the Purchase Guarantee, the Company has no further responsibility with regard to Housing Assistance or the Purchase Guarantee, however, the employee will still be entitled to the other relocation assistance benefits including 23.6.5.3. 23.6.2.4 If the employee wishes to participate in the Housing Assistance Plan, the employee must not list the property for sale until the Purchase Guarantee has been accepted.
Appears in 1 contract
Sources: Collective Agreement
Purchase Guarantee. 23.6.2.1 The Company will provide a purchase guarantee based on an appraisal of the property's current worth by a group of up to three appraisers, to be selected by mutual agreement between Corporate Real Estate and the employee. The appraisals will be done at a time that is convenient to the employee and his/her family. Individual appraisals provided to the Company by the realtors/appraisers will not be disclosed to ensure objectivity for current and future appraisals.
23.6.2.2 The Company will not request appraisals until the employee is ready to list his or her house in the marketplace, providing this is within one year of the employee's transfer to the new work location, and the employee is prepared to abide by Subsection 23.6.2.4 and Subsection 23.6.3.1.Subsection
23.6.2.3 The employee must accept or reject the Company’s Purchase Guarantee within ten five working days of its receipt. If the employee rejects the Purchase Guarantee, the Company has no further responsibility with regard to Housing Assistance or the Purchase Guarantee, however, the employee will still be entitled to the other relocation assistance benefits including 23.6.5.3.
23.6.2.4 If the employee wishes to participate in the Housing Assistance Plan, the employee must not list the property for sale until the Purchase Guarantee has been accepted.
Appears in 1 contract
Sources: Collective Agreement
Purchase Guarantee. 23.6.2.1 The Company will provide a purchase guarantee based on an appraisal of the property's current worth by a group of up to three (3) appraisers, to be selected by mutual agreement between Corporate Real Estate betw een the Company and the employee. The appraisals will be done at a time that is convenient to the employee and his/her family. Individual appraisals appraisa ls provided to the Company by the realtors/appraisers will not be disclosed to ensure objectivity for current and future appraisals.
23.6.2.2 The Company will not request appraisals until the employee is ready to list his or his/her house in the marketplace, providing providin g this is within one (1) year of the employee's transfer to the new work location, and the employee is prepared to abide by Subsection 23.6.2.4 23.6. 2.4 and Subsection 23.6.3.1.
23.6.2.3 The employee must accept or reject the Company’s Purchase Guarantee within ten five (5) working days of its receipt. If the employee rejects the Purchase Guarantee, the Company has no further responsibility with regard to Housing Assistance or the Purchase Guarantee, however, the employee will still be entitled to the other relocation assistance benefits including 23.6.5.3.
23.6.2.4 If the employee wishes to participate in the Housing Assistance Plan, the employee must not list the property for sale until the Purchase Guarantee has been accepted.
Appears in 1 contract
Sources: Collective Agreement
Purchase Guarantee. 23.6.2.1 26.6.2.1 The Company will provide a purchase guarantee based on an appraisal of the property's current worth by a group of up to three appraisers, to be selected by mutual agreement between Corporate Real Estate the Company and the employee. The appraisals will be done at a time that is convenient to the employee and his/her family. Individual appraisals provided to the Company by the realtors/appraisers will not be disclosed to ensure objectivity for current and future appraisals.
23.6.2.2 26.6.2.2 The Company will not request appraisals until the employee is ready to list his or her house in the marketplace, providing this is within one year of the employee's transfer to the new work location, and the employee is prepared to abide by Subsection 23.6.2.4 26.6.2.4 and Subsection 23.6.3.126.6.3.1.
23.6.2.3 26.6.2.3 The employee must accept or reject the Company’s Purchase Guarantee within ten five working days of its receipt. If the employee rejects the Purchase Guarantee, the Company has no further responsibility with regard to Housing Assistance or the Purchase Guarantee, however, the employee will still be entitled to the other relocation assistance benefits including 23.6.5.326.6.5.3.
23.6.2.4 26.6.2.4 If the employee wishes to participate in the Housing Assistance Plan, the employee must not list the property for sale until the Purchase Guarantee has been accepted.
Appears in 1 contract
Sources: Collective Agreement