If you decide that you want to end the partnership, you can buy Landed out without selling your home after you have lived in your home for at least two years.
You can exit the Landed partnership by selling your home at any time.
If you’re interested in ending the partnership before the end of the 30-year term (but after two years*) without selling your home, you’ll need to notify Landed's team in order to start the process.
You will pay an amount equal to the original Landed down payment program investment, plus your share of the appreciation in the home's value, 25%-37.5%. The amount that you pay depends on what has happened to the value of your home.
We will schedule a time for an independent appraiser to come evaluate your home and determine the value. Once the appraisal is complete and you’ve lined up the money to pay Landed, you’ll be able to end your Landed partnership.
*Note: Early buyouts not in connection with a sale of the home in the first two years are not permitted. Please contact us for more information.