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What is a Land Lease?

 

 

What is a Land Lease Property?

 

We’re all familiar with leasing a property, whether residential or commercial. But what about leasing just the land itself? Even more so, imagine living in a building that you fully own, however, the land underneath it is not yours. That is quite the scenario to consider, but surprisingly, it is actually an arrangement that exists. This form of home ownership is called a land lease. In this article we’re going to explore how land leases work, some pros as to why people consider signing up for land leases, and of course, some of the drawbacks and compromises involved.

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What is a Life Lease Property?

 

 

What is a Life Lease Property?

 

Life lease properties are a form of housing that carry a unique set of features, having some aspects of regular home ownership as well as some aspects of rental properties. In Canada, life lease communities are growing ever popular among seniors because of the amenities they offer, however, they don’t necessarily have to be seniors’ communities. The idea with life lease projects is that they are designed to cater to a specific demographic, offering a set of services and amenities that relate to their residents’ lifestyles.

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Changes to Mortgage Rules in 2018

 

 

Changes to Mortgage Rules in 2018

 

There truly is never a dull moment in real estate these days. We’ve all heard about the great enthusiasm and commotion out there on the market. Whether it’s the sizzling hot Greater Toronto Area, or the rapid expansion of our own Kitchener-Waterloo, there seems to be a lot going on. So much so that it has prompted a reaction from officials who are concerned about the stability of the market environment. Over the course of the coming year we’re going to see a few important changes to the landscape.

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What Are the Best Qualities to Look for in a Realtor in Kitchener-Waterloo

 

The Top Six Characteristics to Look for in a Realtor

 

As is the case in just about everything, everybody has different preferences and priorities. Your definition of a perfect realtor may be completely different than someone else’s – but that doesn’t mean they couldn’t be defining the same person. The mark of a good realtor is their ability – and willingness – to adapt to your specific needs, and to the demands of your specific situation. But what are some specific character traits that you should be on the lookout for?
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