Life Lease Purchase
The Westshire Ranches and the Stratford Homes offer a unique Life Lease Purchase that is a blend of a traditional real estate transaction and rental lease agreement but with minimal property tax obligations. The Life Lease provides a 90% buy-back provision of the original base price paid back to the buyer.
A one-time lease payment provides residents with a long-term right of occupancy which guarantees the lessee a home for as long as they choose to live there. This provides for lessee's rights and obligations without the hassles associated with a conventional real estate purchase.
Monthly Basic Service Fee Agreement
The Monthly Basic Service Fee Agreement is similar to a condominium association fee and this fee may be adjusted annually based on the actual costs to provide services. The agreement has a component that pays the township for police, fire, and emergency services.
The monthly fee includes both interior and exterior maintenance. Lawn mowing, bush and tree trimming; snow removal of sidewalks, driveways and roadway are included. Interior maintenance includes plumbing, electrical, mechanical, and appliance repair or replacement. Our all inclusive maintenance free home plan - including a 24/7 emergency repair service - coordinated by our professional on-site management is designed to make your life as worry-free as possible!