Waterfront, Home Buyer in 29576

Is "Detached with HPR" and Lease land the same thing ?

Asked by Waterfront, 29576 Mon May 16, 2011

I'd like to know if detached with HPR and Leased land are the same thing ? What's the difference if any ?

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Answers

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A Horizontal Property Regime in neighborhoods like Wachesaw Plantation's Carriage Run Cottages in Murrells Inlet is run as an HOA (Home Owners Association, the Regime) in addition to the POA (Property Owners Association). They cover different things.

A land lease in Communities like Bermuda Bay or Melody Gardens is just that, a lease, typically a 99 year lease, you do not own the land & the land lease would be in addition to the Ammenities fees. If you are asking in regards to these communties I have extensive knowledge on these communties. Please feel free to contact me directly. 843-215-6831
0 votes Thank Flag Link Mon May 16, 2011
The short answer is - No.
HPR stands for Horizontal Property Regime - http://www.scstatehouse.gov/code/t27c031.htm
0 votes Thank Flag Link Mon May 16, 2011
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