Real Estate Planning

      Retirement Communities

While adult lifestyle communities have been around for many years, the proliferation of choice and type has exploded over the last few years. The focus of an adult lifestyle community is to provide the benefit of home ownership with the option of many different recreational and community activities. These may include such things as on-site golf, tennis, swimming and social clubs.

Adult lifestyle communities have many different types of ownership. They can be

• fee simple
• condominium
• land lease
• life lease
• See definitions

Each type of ownership provides different benefits to the individual owner. When comparing adult lifestyle communities you should fully investigate what type of title you are taking when you purchase and understand the advantages and potential disadvantages.

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