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Rates – Your Choices of Living in Doral
You have the choice of four options for home ownership
in Doral
Two Choices:
Purchase from a selection of resale homes with or
without a share*
Two
Choices:
Purchase a new home in Doral with or without a share*
*Owning
a share - A Form of Property Ownership in Doral
Doral Village is a "cooperative"
which is a common method of property ownership in
resident owned mobile home parks in Florida. A
cooperative involves resident members (shareholders)
owning shares in the corporation. Approximately 55% of
the resident homeowners in Doral own shares. The balance
of the residents are "homeowner/tenants" who own their
own home, do not own a share and rent the lot from the
cooperative.
Shareholders have a an ownership stake in the
cooperative, are entitled to vote on cooperative issues
and can hold office, if elected, in the cooperative
board of directors. Homeowner/tenants do not have an
ownership interest in the park, cannot vote on
cooperative issues, and cannot be elected to the
cooperative. Shareholders pay a lower monthly fee than
homeowner/tenants. A comparison of the shareholder and
homeowner/tenant fees and entitlements is listed below:
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Shareholder |
Homeowner/Tenant |
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Monthly Fee (as of 1/1/10) |
$171.00 |
$466.00 |
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Property taxes |
based on property value |
included in above fee |
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Vote on park issues |
Yes |
No |
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Hold office in Cooperative |
Yes |
No |
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Share of park assets |
Yes |
No |
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Monthly Fee Includes:
Whether you are a shareholder or a Homeowner/Tenant the
monthly fee includes:
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Water, sewer
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Twice a week garbage collection
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Lawn maintenance
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Knology basic cable
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The use of all park amenities such as pool, clubhouse,
shuffleboard, etc.
Important:
Most other mobile home parks do not include all of the
above amenities and features listed above in their
monthly fee. When comparing parks make sure you find out
what is included in the monthly fee and what you may
have to pay for separately.
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