Toronto Star

Land Lease Myth Busters

- 0 www.parkbridge.com

At Parkbridge we love being able to talk to customers about the concept of land lease and how it can help individual­s who are thinking about purchasing a Parkbridge home. Here are some

MYTH #1: Land Lease is too expensive.

MYTH BUSTED: reasonable mortgage, you can use the money you will be saving for other ! " " mortgage you will be paying for possibly the rest of your life. Purchasing a home in a leased land community enables you to own a home that you "

MYTH #2: # ! $ " and lose your home at any given moment.

MYTH BUSTED: % # & security of tenure which means they are protected under the provisions of ' ( ( Planning Act.

MYTH #3 ( )

MYTH BUSTED: % ! % * + + ( % ! together, our future.

MYTH #4: Land Lease is like owning a condominiu­m with a condo fee.

MYTH BUSTED: Land Lease is nothing like owning a condo. Leased-land neighborho­ods, such as clubhouses, pools, tennis courts, playground­s and golf courses.

MYTH #5: '

MYTH BUSTED: + + ' ( /

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