Buying Property in Briny Breezes is a Breeze with Real Estate Broker James M. Arena.

Frequently Asked Questions:

1. Do I own or lease the land?
   A: You own shares the corporation and those shares are attached to your parcel. You get an official stock certificate, title to the property and have to pay Real Estate Property Taxes and you also will get a title to your mobile home which will is very similar to owning a car so the title will need to be kept active as well.

2. How much is the monthly dues?
   A: Assessments are paid quarterly and are around $90 per share annually. The majority of units have between 24 and 46 shares and you will be provided the exact cost of your assessments by the seller in advance to a purchase as these dues can go up or down depending on the budget.

3. How many total shares does Briny Breezes Inc. have?
   A: 15,716 total outstanding shares (Approximately)

4. More about the Shares
   The total number of shares is attached to the ownership of the 43 acres as well as the Town of Briny Breezes. Each shareholder is allocated a certain number of shares depending on the size and location of their lot. So your shares are attached and transferred with your lot. Each shareholder is issued a 99 year lease at the time of closing.

5. Can the entire property (43 Acres) be sold?
   A: The entire property can be purchased if an offer is submitted and accepted by 60% of the community shareholders by way of vote. There is no guarantee the entire property will ever sell and nobody knows how much it will sell for if it does sell but the community did have an offer in 2006 for $510,000,000.00 million dollars that was accepted and then fell apart.

6. Who Lives in Briny?
   Briny has a great group of individuals from all walks of life. We are a community that enjoys amazing amenities and unbelievable weather. We have groups, clubs and organizations that host special events on a regular basis, so there is always something to do in Briny Breezes.