“Lease for Life” is out the win­dow at The Green

Joondalup Times - - FRONT PAGE -

At The Green – like Col­lege Park in Darch - res­i­dents have the ti­tles to their home in their own name. Lease for Life is out the win­dow and res­i­dents can make their own ar­range­ments about sell­ing their homes when and through whom they choose. They keep all the pro­ceeds when they de­cide to sell and there’s no re­quire­ment to pay De­ferred Man­age­ment Fees, Sink­ing Fund con­tri­bu­tions, Ter­mi­na­tion Fees – or any of the myr­iad of other charges that so of­ten come with the Lease for Life sys­tem. Res­i­dents at The Green will ben­e­fit from all the ad­van­tages that come from home own­er­ship and in­creas­ing choice in a com­pet­i­tive in­dus­try where the Lease for Life sys­tem does not suit ev­ery­body.

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