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Ready to begin? Required Forms Menu
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Seminar |
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Important: |
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your homeowners association has just received a 45-day right of
first refusal, the board of director should call immediately
and speak with Jennifer Tobin @ 727-535-5125. |
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What are the Benefits of Ownership? |
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What are
the benefits of ownership?
The
decision to purchase is a personal one that
must be made by each individual resident
within the community. An advantage to one
person may be a disadvantage to another.
With this in mind, the following are
benefits of ownership:
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Security of owning real property and no
longer being subject to arbitrary or
unreasonable rental increases and
assessments by an individual park owner.
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Residents having a voice in management
and operation of their community.
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Tax advantages which include income tax
deductions and the $50,000 homestead
exemption for qualifying owners.
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Potential appreciation in value and
equity of the home share.
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Assurance that the community will always
remain a manufactured home park.
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The purchase price of the park will
never be lower than it is today.
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February 22, 2008 - Orlando Sentinel