By Warren McNeil

Q. What is a land lease?
A. When somebody owns a home and rents the land underneath it. 

A land lease community generally has sites that are rented by tenants who own the home on the site.  A land lease home is a permanent structure. 

For more information about land lease commumnities see, http://www.ltb.gov.on.ca/en/Key_Information/158000.html

Thanks for reading!

Re/Max Sales Representative Serving Kitchener, Waterloo and surround areas