Designing Resale Formulas

Resale formulas, embedded in a CLT ground lease, a deed covenant, or other legal instrument, are tailored to accomplish the specific goals that a nonprofit corporation has set out for itself and for its homeowners. Here is a QuickTime presentation, designed by Mike Brown, explaining the options available to CLTs as they design their resale formulas.

This presentation requires the free QuickTime Player which can be downloaded here.

Allow a few moments for the entire QuickTime movie to load before playing. Click anywhere on the frame to advance your way through this presentation.