Partnership Agreement Sample Page 4
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10home or the homes of other Habitat for Humanity families. Our current sweat equity
policy is attached to this Agreement.
These “sweat equity” hours will not reduce the purchase price of your house and, if
you decide to withdraw from the Program or your application is otherwise terminated,
Habitat for Humanity will not pay or compensate you for any of these hours.
3. HOMEOWNER WORKSHOPS: You must attend a series of _______ prospective
homeowner workshops that will cover many topics relating to homeownership,
including financial and home maintenance training. Hours spent in these training
sessions will be credited against your “sweat equity” requirement.
(Initial _________)
[NOTE TO AFFILIATE TO BE REMOVED WHEN FINALIZING PARTNERSHIP
AGREEMENT:
Include other conditions pursuant to your affiliate’s policy, such as the requirement
that the partner family maintain or improve their financial situation during the term of this
Agreement.]
HABITAT FOR HUMANITY’S RIGHT TO REVOKE YOUR ACCEPTANCE INTO THE
HABITAT HOMEOWNERSHIP PROGRAM
Your acceptance into the Program is based on the information contained in your
application, as defined in Habitat for Humanity’s policy and discussed with you prior to
receiving this Agreement. In the event Habitat for Humanity determines that the
information contained in your application was materially inaccurate, Habitat for
Humanity reserves the right to terminate your participation in the Program.
In addition, Habitat reserves the right to terminate your selection as a prospective
homeowner if any of the following occurs:
a. You experience a material adverse change in your financial situation, such as the loss
of employment or new debts, and pursuant to its policies, Habitat for Humanity
determines, in its sole discretion, that you can no longer afford a Habitat for Humanity
house. If there is a significant change in your financial situation, please notify us as
soon as possible. It may be possible for us to work with you to preserve your
participation in the Program.
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