English to Lithuanian Bus/Financial Finance (general)

The right-to-buy option would come against a participation or down-payment that contributes to construction or purchase costs, but is smaller than in the case of immediate homeownership (ca 5%).


With interviewees discussed was a package of longer-termfixed rent payments with corresponding longer tenure than what affordable housing group tenants usually receive (e.g. 5 years or permanent) and the right-to-buy the at a predetermined price or discount to market. The right-to-buy option would come against a participation or down-payment that contributes to construction or purchase costs, but is smaller than in the case of immediate homeownership (ca 5%). The participation may or may not be reimbursable in case of a termination of the rental agreement.