A lease fee is defined as an ownership interest held by a landlord with the right of use and occupancy conveyed by lease to others; usually consists of the right to receive rent and the right to repossession at the termination of lease.
In contrast, fee simple is defined as absolute ownership unencumbered by any other interest or estate. The conveyance of rights to others affects the property's value. For example, a single-family owner-occupied property has fee simple property rights that are absolute and unencumbered, unlike a leasehold estate where property rights are limited to use and occupancy for a stated term. An appraiser often is used to determine to what extent, if any, the transfer of property rights impacts the property's value.
We list the HOA fees in the MLS but they don’t show up on all or at least most of the client reports and consumer websites. I’m pretty sure it’s so buyers contact a Realtor for the information. That’s the only logical reason I can imagine, for withholding the information. Fact of the matter is, the people that direct the Realtor Associations and 3rd party websites are the ones dictating the policies and usually those policies are geared towards keeping Realtor associations in business. One of the ways they do this is by making “Realtor friendly” policies rather than “customer friendly” policies. I guess the thinking is, if we give you all the information you need, why would you need us?
More importantly, I offer the best way to buy and sell real estate and it involves saving buyers and sellers money through flat fee MLS listings and buyer rebates.
Feel free to give me a call and/or visit my website at www.listinmls.com
Broker - List In MLS Realty, LLC
239 936 5478... more
I was formerly on the New Home sales Team with WCI, the developer of Pelican Preserve for over 3 years, and have lived in Pelican Preserve since 2003, and I also serve on the Board of Supervisors of the Gateway Services Community Development District which all owners in Pelican Preserve belong to. The figures given by the other agents are out of date: The Master HOA quarterly fee (and all fees are quarterly except the annual CDD fee which is on the tax bill-check www.leepa.org for tax info in Lee County) is currently $161.00, and everyone, regardless of home size or style pays the same $ amount. The current Town Center Amenities Fee is $520.46, again quarterly. The individual HOA or Condo fee varies with the particular community that a property is in. Hope that helps.
Gary Neubauer, Coldwell Banker Realtors-Ft. Myers. (239) 209-1234... more