Rental and Leasehold Communities:
A Lifestyle, not just a location

For many people, living in a rental or leasehold community or "park" is a lifestyle choice. Residents compare it to living in a small town, where people know their neighbors.

Rental and leasehold communities often develop into close-knit neighborhoods. Security is enhanced because people look out for one another. Block Watch programs, on-site managers, and security gates contribute to resident safety.

Residents value tranquility as well as security. Protection of lifestyle and property values is generally ensured through community covenants. These guidelines help govern common concerns such as noise and community upkeep.

Rental and leasehold communities offer affordable homesites

Renting or leasing instead of buying a homesite can make the difference between affordable and unaffordable to many homebuyers. By locating in a rental or leasing community, you have the advantages of owning your home without the cost and work of buying and maintaining land.

Choosing a Rental or Leasehold Community

Selecting the right rental or leasehold community is as important as selecting the right home. When "shopping" for a homesite, potential residents should check the following:

- Location: is it near schools, stores, transportation and other essential services?
- Condition: is it well kept and clean? Are the homes generally well cared for?
- Facilities: are there recreational facilities? Extra storage? Extra parking? Laundry?
- Lease: what are the terms? Are multi-year leases available?
- Other Costs: what is the cost of installation (park package)? Hook-up fees? Other charges?
- Responsibilities: who does ground maintenance? Snow removal? Refuse collection?
- Guidelines/Rules: too restrictive? Too lax? Selling Your Home: any special requirements or restrictions?
- Displacement Protection: are you protected by zoning and/or contract?