Life Lease Life Lease housing developments have been established for many years in Ontario and Canada, and have recently become the preferred choice of today's rapidly expanding retirement population. There are currently over 70 Life Lease Communities across Ontario. Life Lease housing has proven to be a creative option for providing housing, programs and support, plus an opportunity for investment today for tomorrow. Life Lease housing can be closely compared to condominium ownership in terms of investment return, security of tenure, and resident participation in the management of the project. However, Life Lease projects have the added benefit of greater control over membership, and lower costs. Life Lease housing gives you the convenience and freedom of private independent living today with the option of services in the future. |
Life Lease ( A form of Home Ownership): Prepared by Mr. Ronald Crane, L.L.B. - legal firm of Coutts, Crane Ingram, Toronto |
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