Self-classified owner to apply for a subsidy in his / her own right

Where the original beneficiary confirms that the property was sold and ownership is not contested, the housing authority can transfer the property to the purchaser. In some cases, this owner may qualify as a beneficiary in his / her own right. In such cases, the new owner must apply for a subsidy, and be added to the project as a beneficiary. In practice this may require the housing authority or the province to add an additional phase to the project to accommodate additional beneficiaries.

The subsidy records pertaining to the original beneficiary must be retained as that individual has, in fact, benefitted from a subsidy.

Once the subsidy has been approved for the new owner, the property can be transferred in line with the core registration process

Where the subsidy is not approved, the regularisation process must be followed.

for more detail.

Last updated