Request exemption from owner occupancy requirement
When new ground lease rights are issued for homes, the conditions may include an owner occupancy or anti-speculation clause. You can apply for an exemption from this requirement.
An owner occupancy requirement means that you are obliged to live in your new home yourself for a number of years. This condition is designed to combat property speculation with new homes. You can apply for an exemption from this requirement.
In special cases you can request an exemption from this requirement. This may be the case in the following circumstances:
- Your joint household is ending, for example because you are getting divorced.
- You find employment more than 50 kilometres or an hour away from your home.
- You (or a family member) are (is) seriously ill.
- Bankruptcy or another major drop in income.
You must be able to provide evidence of these circumstances.
Free.
6 weeks.
Apply online for the exemption from the owner occupancy requirement.
Also see: Ground lease conditions