WHAT IS AN “OWN YOUR OWN” VILLAGE?
An “Own Your Own” unit differs from a normal retirement unit in that you get all the financial benefits which come from owning your own home. Like other villages the unit is owned via a License to Occupy but the terms of this are that you get ALL the proceeds from the sale of the unit, including 100% of the capital gain, and you get to choose how much to sell it for, and whether or not to accept an offer from a particular person.
The village is owned by a Trust which has been set up for all the residents of the village. This means that all the residents of the village own and control the operation of the village. Karaka Pines Villages are the village administrator but all ownership rests with the residents.
Making the choice to move to Roseland Park Village is a lifestyle choice. Roseland Park brings you all the benefits of living in a thriving community while retaining all the rewards of owning your own home.
AT ROSELAND PARK, YOU DON’T JUST GET TO OWN YOUR OWN HOME; YOU GET TO OWN A PIECE OF YOUR OWN RETIREMENT VILLAGE