* Resident-Owned

* 55+ Mobile Home Community

* Situated on 2200-acre Lake Hamilton

* 607 Homes on more than 200 acres

* Gated neighborhood

* No Animals are allowed

• • Lake Region Village (LRV) is located in the heart of central Florida on U.S. Highway 27 in Haines City. It has a friendly small-town atmosphere where active seniors can choose from many activities. Bok Tower, Disneyworld, Legoland, and other attractions are within easy driving distance.

• • This park is for full-time residents or part-time snowbirds. We have residents who have come here from across the United States and Canada.

• • Our low monthly maintenance fees range from $238* for a standard lot to $303* for a lakefront lot. This monthly fee includes water, sewer, garbage pick-up, maintenance of common buildings & grounds and use of all facilities & amenities. *Internet/Cable TV is additional $59 per month; *Lawn Care Service is additional $55 per month.

• • This is a resident-owned park, and the Member Buy-In (Share) price is currently $60,000. Barring unusual circumstances this is returned when you sell. See below for what it means to be “resident-owned”.

• • We do not employ an outside management company, so the member residents own and manage the community.

• • Each resident owns their mobile home and is responsible for its upkeep, and for the maintenance of the yard. Homes for sale in Lake Region vary in price with today’s fluctuating real estate market.

• • You may choose to bring in a new mobile-home, either to a vacant lot or you may purchase and pull out an older home and replace it with a new one. Some conditions and restrictions apply. Check with manufacturers to determine the cost of purchasing a brand new home.

• • **We have  non-membership properties at LRV with no $60,000 investment. The maintenance/rental fees for these properties is $732 plus $59 per month for Internet/Cable TV, and $55 per month for yard care. These homeowners are not voting members of the community.

• • We have storage lots where residents can put boats, cargo trailers, RVs for a small annual fee. Storage space is limited, so there are not always spaces available.

• • LRV employs professional paid maintenance workers to care for the common buildings and grounds, as well as a professional office manager and an office assistant. All other jobs in the park, including the Board of Directors, are done by volunteer residents.

• • All prospective residents and renters must have a background check, credit check (minimum 700 score required), and an orientation meeting with two members of the Board of Directors. The prospective resident is required to pay $50 per person for the background/credit check. The price may be different for Canadians.

What is a Resident-Owned Community? In a resident-owned community (ROC), the residents form a non-profit business called a cooperative.  Every homeowner is a shareholder and a member of the community cooperative.  The cooperative owns the land and manages the business that is the community.  Members continue to own their own homes individually and an equal share of the land beneath the entire neighborhood.  Every shareholder has a say in the way the ROC is run, and major decisions are made by democratic vote.  Members elect a board of directors, which appoints committees to carry out various tasks and manage the day-to-day operations of the organization.  At LRV, all board members and committee members are volunteers. There are many benefits to living in a ROC, including:

• • Control of monthly maintenance fees

• • Repairs & improvements to common buildings and grounds, roads and other aspects of the community are included in the low monthly fees

• • Lifetime security against unfair eviction

• • Each shareholder has a vote on how the park is run

• • Strong sense of community