Frequently asked questions
Q. What happens after the twenty years is up?
A. At the conclusion of 20 years, the property can be sold for market value to any interested buyer, regardless of their income.

Q. Can I own other property and still purchase a residence at Monarch Mills?
A. You may only purchase at Monarch Mills if it is your primary residence. You must plan on living in the residence at Monarch Mills.

Q. Can I purchase a residence, live in it then move out and rent it?
A. No. Rental of residences at Monarch Mills is not permitted. Monarch Mills residences must be occupied by the owner and be the owner's primary residence.