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FAQs
What is the ownership structure and do I own my own unit?
Since The Towers is a co-op, every resident is a shareholder – each with an equity interest
in their investment which keeps their home a vital part of their estate.
When you choose to purchase at The Towers, you become an owner. As an owner, you become a member of the co-op,
and members govern the co-op. Therefore, The Towers encourages its members to serve on its governing body
(Board of Directors), advisory committees, or to contribute in some other productive way. This allows for
everyone to have a voice in how the community is managed.
Can I afford to live at The Towers?
Financial freedom is a major objective during retirement. The Towers offers a variety of
affordable residences.
Do I have to pay for upkeep?
Now is the time to move before the maintenance and housekeeping of your present home become a
source of frustration. If your housing needs have changed over the past ten to fifteen years,
and the house you currently own is more than you need, The Towers is perfect for you. Weekly
housekeeping is included in your maintenance fee. For a nominal charge, maintenance work,
such as painting, plumbing and electrical is available from on-site professional staff.
Explore the possibilities of a lifestyle free from maintenance headaches and housekeeping;
you’ve certainly earned the privilege!
Will my family support my choice?
Your family is very important to you, and you are very important to them. Knowing you have
chosen a safe, comfortable, financially-secure community helps family members feel more
comfortable with your move. This important decision protects your independence, and allows
you to maintain control of your personal affairs, while keeping the pride of home ownership.
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Can I have a car?
Of course. You’ll have a reserved underground parking space and the valet service at
The Towers will make sure your car is ready to go or locked down for the night.
Is The Towers restricted to military retirees?
No - The Towers is open to the general public. Anyone who is 55 or over may make
application for member ownership in The Towers.
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