What is a land-lease community in the context of manufactured homes?

A land-lease community refers to a setup where individuals own their manufactured homes but do not own the land upon which those homes sit. Instead, they enter into a rental agreement to lease the land from a community operator. This arrangement allows residents to maintain ownership and control of their homes while sharing common infrastructure and amenities offered by the community.

In this type of community, residents usually pay a monthly rent that covers the cost of the land, and potentially some shared services such as maintenance of common areas, utilities, and other community amenities. This model is particularly popular among those looking for affordable housing options without the added expense of purchasing land, making it an attractive option for many individuals and families.

Other options describe different scenarios that do not accurately capture the essence of a land-lease community. For instance, owning both the land and the home would not characterize a land-lease situation, and temporary housing solutions or facilities for sales and rentals do not pertain specifically to the concept of land-leasing in manufactured home contexts.