The Shared. Home Owner’s Share shall have the value it had at the most recent valuation undertaken of the Property by a valuer from a List of Valuers. BHCT may at its discretion and cost obtain a Current Market Valuation of the Property from a Valuer from a List of Valuers for the purposes of calculating the value of the Shared Home Owner’s Share at the time notice is given by BHCT to the Shared Home Owner pursuant to clause 4.1 that its Share is to be reduced.
Appears in 2 contracts
Sources: Shared Ownership Agreement, Shared Ownership Agreement