A Lease For A Lifetime

Land Title: Supporting The University of Calgary

University District is innovating across the board. One realm in particular that’s offering a new perspective when it comes to communities in Calgary is the structure of the land as a leasehold.

Leaseholds are created in communities where the owner of the land cannot sell it; often a government, an academic institution, or a First Nations community. A well-known practice in many provinces in Canada, and in communities around the world, leasehold agreements have been in use for centuries. And, while it’s such a common practice, there are few communities in Alberta that have created this real estate possibility for homeowners.

Leasehold ownership holds exceptional value, and is just as common a way for homeowners to purchase a home as a freehold purchase. It’s a sound investment where you own everything on the land, simply not the land itself. You’re in the driver’s seat with your home: you can renovate, decorate, sell or will your property. And, with University of Calgary Properties Group holding the vision for the future of the community, experience the added perk of having the community designed, built and maintained so it always works for you.