Communities & ownership
Rexmere Village Homes: Land Ownership and Fee Verification
Quick answer
Before you price a Rexmere Village home, confirm what you are actually buying. Some communities in South Florida sell the home and land together, some sell a share in a co-op or association that owns the land, and some lease the lot. Each one changes financing, fees and resale. Ask the title company what's being conveyed, read the community documents, and get every monthly fee in writing.
Read the land-tenancy documents before pricing Rexmere Village
Florida Statutes §723.002 chapter 723 has a defined scope for mobile homes on rented lots; do not apply it automatically to every resident-owned or fee-simple property.
§723.011 where applicable, review the park’s prospectus and rental disclosures with counsel. Obtain the actual conveyance and current lot agreement before deciding what land interest and charges accompany this home.
Three common ownership structures
| Structure | What you own | Questions to ask |
|---|---|---|
| Fee simple (home + land) | The home and the lot | Is there an HOA, and what are dues? |
| Resident-owned / co-op | A share in the entity that owns the land | Share price, approval, entity finances |
| Land lease | The home only; you rent the lot | Lot rent, increases, lease term, prospectus |
How to verify ownership
- Check the parcel record at the Broward County Property Appraiser
- Ask the title company what deed or document conveys
- Ask the lender whether they finance this structure
- Request the community's governing documents or prospectus
Fee verification worksheet
- Lot rent or association dues
- Scheduled or pending increases
- Special assessments
- Utilities billed by the community
- Application or transfer fees
Why it matters at resale
Ownership structure affects who can finance the next purchase and what the next buyer pays monthly. Factor that into your price.
Related Mora Realty Davie pages
Sources
- Florida Statutes §723.002 — Chapter 723 has a defined scope for mobile homes on rented lots; do not apply it automatically to every resident-owned or fee-simple property.
- §723.011 — Where applicable, review the park’s prospectus and rental disclosures with counsel