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How is the settlement calculated when the agreement ends?

Updated over 2 months ago

You can end the agreement by either buying back Aparta’s share or selling the home on the open market.

When buying back, you will receive an offer based on market value. If you disagree with the valuation, you may obtain your own appraisal. If the parties cannot agree, the value will be determined by an independent valuation panel.

When selling, you and Aparta agree on a real estate agent, and the sale takes place as a standard property transaction.

Any accumulated usage fee owed to Aparta is deducted from your share of the settlement.

In the case of a buyback, you cover stamp duty and registration fees. In a market sale, these costs are paid by the buyer.

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