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FAQ

The Advantages of Land Leasing

Our innovative leasehold estate concept bundles land costs, community maintenance, services and amenities into a low, monthly, fixed-for-life payment that provides you with the benefits of long-term financial security, the luxury of a maintenance-free lifestyle, and a professionally managed community that you can be proud to call home.

FAQs: Frequently Asked Questions

Questions:

1. What is the primary advantage of leasing land?

2. Can the cost of my lease increase from year to year?

3. What about home values and resale opportunities?

4.
What are other advantages of leasing versus owning the land?

5. What are the advantages of living in an age-restricted community?

6. Am I responsible for yard maintenance?

7. How does the community manage “quality of life” issues such as a barking dog or unkempt yard?

8. What other ways would professional management benefit me?



Answers:

1.
What is the primary advantage of leasing land?
The main advantage is that you save money! The cost of the land is deducted from the home purchase price and you enjoy significant annual savings on your property taxes. This allows you to invest that money, use it to offset living expenses, or just save it for a rainy day. Additionally, when you lease your land you become a partner with the developer – a long-term relationship that enhances your home and community value.


2.
Can the cost of my lease increase from year to year?
American Land Lease offers a number of options for your new home purchase, including a fixed, lifetime “No Increase Lease” in which your base monthly fee is guaranteed for as long as you own your home, providing the financial security of an expense that can never, ever go up.


3.
What about home values and resale opportunities?
Homes in our communities have enjoyed the same steady increases in value as the rest of the housing market. At the same time, homes on leased land are lower in price, so their value at time of resale appeals to more potential buyers. Homeowners may choose to sell their home independently, or have American Land Lease represent them. Our marketing and representation increases opportunities for the home to be viewed by potential buyers.


4.
What are other advantages of leasing versus owning the land?
Often the cost of Homeowners Association payments in fee communities will come close to or even surpass the amount of lease payments. Our lease includes professional property management and other services you would normally pay extra for. It also includes the use and maintenance of community amenities such as clubhouses, pools, tennis courts and, in some locations, golf courses.


5.
What are the advantages of living in an age-restricted community?
One of the nicest things about sharing a community with people your own age is having similar interests. This is your time. An age-restricted community offers you the tranquility, activities and compatibility with your neighbors that allows you to enjoy it. You’ll love meeting other residents at the clubhouse, having new friends to dinner, and sharing the many activities our communities have to offer.

6.
Am I responsible for yard maintenance?
In most of our communities, a professional maintenance crew keeps all common-area landscaping and facilities such as clubhouses, pools and surrounding areas looking great. They also mow and edge your lawn for you, so in most communities, basic yard care is covered. You are, however, responsible for the maintenance and appearance of your home’s landscaping beyond that.


7.
How does the community manage “quality of life” issues such as a barking dog or unkempt yard?
Our professional management team facilitates correcting the problem, whether it is a pet disturbance, noise or upkeep of a property.


8. What other ways would professional management benefit me?
Professional on-site management provides complete community maintenance and enforcement of community regulations. We also maintain the resources to address emergency situations. Our homeowners must meet approved standards of residency, resulting in a better quality of life, as well as a lower stress living environment.


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