RESALE OF YOUR PARK MODEL OR RV
The Resale of your Park Model or RV will require permission through the Palm Grove Office. All Sales are contingent upon the New Buyers signing the Word of Life Statement of Faith and Standard of Conduct. Submission of insurance and meeting with the park manager or Authorized Staff will be required before the sale is finalized. Sellers must settle any outstanding debts including WOL lot rent, lawncare/internet, and electric. All sales of park models/RVs are between the seller and the purchaser. Word of Life is the Lease Holder of all lots in Palm Grove. The Lessor (Word of Life Florida) leases a lot for a yearly Conference Fee to the Lessee (Resident) for an amount determined by Word of Life each year. With a Lessee (Resident) having no ownership to a Word of Life lot and upon the sale of an RV or Park Model, the Lessee (Resident) cannot include as part of a sale for profit, a lot owned by Word of Life Florida. As a lease lot holder and upon the sale of a Park Model or RV, the Lessee (Resident) can include as equity of a sale items that are considered a “Removable Asset ” such as but not limited to sheds, and landscaping and must be listed as “Lot Improvements“ when advertising a Park Model or RV for sale. The addition of concrete to any Word of Life leased lot is added for the duration and enjoyment of the term of the lease by the lease lot holder and is considered a “Fixed Asset“ with no equitable value to a sal e. When selling a Park Model or RV: 1. Connect with the Palm Grove registrar’s office with photos and a write-up of the sale. Include the asking price and your contact information. 2. All listings must go through the park office first before any concessions can be made with other current or potential residents. 3. Listings go out from the registrar’s office through the Palm Grove email system. Potential buyers will then connect directly with the seller.
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