RV Lot in Canada - Lease vs Buy

A lot of Parks are bareland condominiums or stratas as they are referred to in B.C. You own a share in the condo which in turn owns the land and common facilities such as clubhouse, washrooms, roads etc. You have use of a specific lot. Similar to a regular condo the shareholders get to elect the board and vote on items such as changes, dues etc at annual meetings.

You mention resorts with deeded titles. Have you found many? The subdivision would have had to be approved by the municipality. I wouldn't think many municipalities would want to be dealing with a large number of individuals when they could deal with one entity.

If you are leasing you would want to closely examine the lease to determine the terms. Is it for a fixed term? If so, can it be renewed?
If it isn't fixed likely either you or the landlord could cancel with notice. If the landlord cancelled what would happen to your improvements if they are fixed.
I can think of one case where the owner decided to expand his golf course and gave notice to renters to vacate. The park had been there for years and many had substantial improvements. As it happened the economy went south and the expansion did not happen but it could have.

Unlike a condo you would have no say in changes, accept them or move.
The problem with many of the condo parks in this area is the shares are extremely expensive, usually 6 figure for bare lot. That may radically change with oil at $35 a barrel.
Another thing to keep in mind is that the county or municipality will have set certain zoning and occupancy periods for the park. Make sure these meet your requirements
I am far from a legal expert on these matters but these are a few observations I have made over the years.

icanon wrote:
Leasing is another form of ripping people off! Pay and pay, take care of it, and get nothing in return.

Yikes, that does not sound good! There are some lots for sale outright with a yearly maintenance fee, but then others that you "buy" the lease outright, and keep for as many years as you like, then you can sell it again, charging your price for your improvements. I just can't seem to find a difference between the two.

I also know there are other kinds of lease, where you pay each year an annual lease for the summer season only. Not a good investment in my humble opinion.

Just like in the States, when you are considering a real estate purchase, then it's time to get a real estate attorney. If they are like the ones down here the first visit is free. Talk to one and he will tell you what the difference is.

Leasing is another form of ripping people off! Pay and pay, take care of it, and get nothing in return.