What happens if I decide to leave the property?
The lock in period for the home is 5 years, if you would like to move to a larger home, we can work with you to purchase a larger home. If you are emigrating, we will work with you to find another tenant for the property. If one cannot be found, we will sell the property with a penalty charge for early release which would be deducted from your equity ownership percentage.
As long as you meet the contractual agreements and keep on paying the rent we will not force you to leave. If you do not meet the rental contractual agreements, any rent arrears will be taken from your equity percentage and you will be asked to vacate the property under the terms of the Residential Tenancies Act in Ireland. The property would then be sold. Any fees or expenses for selling the property will be taken from your equity percentage.