Retirement communities – UDS in common amenities area – the catch -
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Valuing a normal real estate community – one pays for the common amenities.   Larger the community, the share one pays comes down.    One can see badly maintained common areas in many of the apartment complexes today,  as care – is not consistent to what it was when the builder maintained it.

Exceptions are there , but a few.     When it comes to retirement community – common amenities and area is of significance.    Would I pay for something that is not part of my sale value ?   Or would I have to pay additional taxes for a larger common area by way of property tax ?

When one invests and occupies a retirement community,  they have a certain expectation.   That they are away from the hassles of property maintenance , which they would have otherwise been saddled with.

Consult Elderly assisted living in Chennai

A good practice will be to make a refundable deposit and not make it part of the UDS.   Then transfer this area to the hands of the servicing company for a 99 year lease.   Read the rule book carefully.   Make sure that there is a provision for the UDS of the common amenities area to be transferred back to you, as a buyer, in the event of bankruptcy,  change of management or ownership of the servicing company.  This clause has to be included in the agreement you sign.   Insist on this as a practice.   Professional builders have started doing this already.   

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