RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Com'on FolksThey had a similar situation a few miles from where I live. Cottages on waterfront lease FN property. Cottages, not trailers. The lease was up, cottagers relied on the govt to negotiate the lease extension. Had been paying like 100 per year for 50 years. FN got fed up with the lack of respect and no agreement, so closed the roads in winter, allowed cottagers to walk in to get some stuff, reclaimed the land. Sad for those cottagers for sure, but it was leased land, and the lease was up.
nofluff wrote: So here is an example of a solid deal in b.c. A south bc fn owned some bush land with hillside facing toward the big mountain in washington.
Along came a couple astute millionair retired visionests. They envisioned a retirement park with a view of the mountain. So they made a deal with fn to develop a 300 lot trailer park where retiries would own, trailers or modulars.
The co.operative would do all the development costs and pay fn 200.00 per month per lot average. That was 40 years ago. 50 year contract.
To the retiries credit, they turned the hillside into paradise. There was an intlation clause. So average price now is about 300.00.
Contract is only a few years from renew. They have been debating deal for 10 years. 10 years ago, they could have extended for another 50 years for 400.00 per month with inflation clause. On that land there is no property tax.
Today fn wants 1000.00 per month plus inflation clause per lot. Residents are up in arms. The land was worthless untill the millionairs came in.
However, the properties that cost 100 thousand 40 years r now worth a million. It is not the 40 year old modular that is worth much. It us the land.
So a 2 bedroom apartment in langly costs 2 thousand a month and you want to negotiate at 1000.00 a month for paradise.
If u made the deal, quit the squeal.
At end of lease, fn will put there price where they want. Those thst do not want to pay can move there 10 thousand dollar trailer of or sell it to fn for a dollar.
Nf