Purchase Option Price. the maximum price the Homeowner is allowed to receive for the sale of the Home and the Homeowner’s right to possess, occupy and use the Leased Land, as defined in Article 10 of this Lease. Fee: The monthly fee that the Homeowner pays to HCHT for the continuing use of the Leased Land and any additional amounts that HCHT charges to the Homeowner for reasons permitted by this Lease.
Appears in 2 contracts
Sources: Ground Lease, Ground Lease