Hamlet Estates

Life Lease is an independent housing model that allows residents to purchase the right to occupy their unit for life. The Life Lease is secured through an upfront capital payment, usually comparable to what one might expect to pay on the open market for other housing of comparable size and features. In life lease housing, you do not own a property; you hold an “interest” in that property in exchange for a lump sum payment up-front, with monthly maintenance fees and property tax payments.