Luther Village On The Park

Question

What is the advantage of life lease ownership?

Answer

The life lease arrangement ensures that Luther Village on the Park is restricted to seniors (ages 55+).  It also provides the resident(s) with some capital preservation while guaranteeing the buy back by Luther Village if/when  the resident(s) wishes to sell. Life Lease also provides for a Board of Governors to oversee operations in the best interest of both the residents and Luther Village on the Park.