NSWIn ForceRegulation
Residential Tenancies Regulation 2019
27Equity purchase agreements
Start here
Get a plain-English read of 27
Turn the raw legal text into a practical explanation grounded in Residential Tenancies Regulation 2019.
#### 27 Equity purchase agreements
27 Equity purchase agreements
> > (1) A residential tenancy agreement that is entered into by a tenant with a person or persons and that forms part of an equity purchase agreement is exempt from the operation of the Act.
>
> > (2) In this clause—
> >
> > equity purchase agreement means a series of agreements that include a residential tenancy agreement and provide for—
> >
> > > (a) the initial purchase by the tenant, as a tenant in common, of not less than 20% of the owner’s interest in the residential premises, and
> >
> > > (b) the further purchase by the tenant, from time to time, of a greater percentage of the owner’s interest in the premises.