Frequently Asked Questions
Do I own my own home?
Yes, you do. You will purchase a home according to the regulations contained in the BC Manufactured Home Act and your purchase will be registered with the BC Manufactured Home Registry. Our homes whether built on-site or brought in as modular homes, are all built to meet or exceed BC Building Code standards.
So I own my own home, but not the land, is that correct?
Yes. It is quite similar to a condominium situation. Typically, in a condo the resident owns what is essentially an apartment; everything structurally inside its walls is theirs. As well, residents share common areas such as hallways, lobbies, elevators and recreational areas with the other owners, and a monthly condo fee is paid to the property owner.
At Nootka Ridge, you own your home. In both cases, it is like freehold ownership in the sense that you will own the entire home from the ground up, and you will rent the land on which your home sits.