The idea of land lease is almost as old as the idea of land ownership. Farmers, businesses, office buildings, shopping centers and conventional construction may be built on land that is leased. The same is true for manufactured homes, which can be built on “fee simple” or land that is owned, as well as on land that is leased from others.
The video above by the National Communities Council (NCC) of the Manufactured Housing Institute (MHI) gives you insights on some of the benefits and appeal to land lease manufactured home communities.
There are many types of manufactured home communities, from the ultimate in basic, affordable living to country club style locations that have many amenities. So be sure to check out all your options in an area that you want to live to find the manufactured home community that is right for you. ##