Which of the following is a key feature of mixed-tenure developments?

Prepare for the TPI Leasehold Management Level 3 Test. Use flashcards and multiple choice questions, each with hints and explanations. Ace your exam!

Mixed-tenure developments are characterized by a combination of different ownership structures within the same project. This key feature allows for a diverse range of housing options that accommodate various income levels and personal circumstances. In mixed-tenure developments, you might find a blend of properties available for rent, shared ownership, leasehold, and freehold. This approach promotes a more inclusive community by providing people with varying financial capabilities the opportunity to live in the same area, fostering social diversity.

The notion of exclusive leasehold properties represents a singular type of ownership that does not encapsulate the variety found in mixed-tenure developments. Similarly, focusing solely on affordable housing limits the scope and inclusivity that mixed-tenure aims to achieve, which is to cater to a broader demographic. Lastly, the concept of only including freehold properties would exclude numerous potential residents who cannot afford to purchase freehold homes, thus negating the mixed-tenure principle of offering options to a range of tenants and buyers.

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