Life Lease Agreement

You become a Prairie Village Resident by signing a “Life Lease” agreement with Fairhaven and paying the Entry Fee for your specific home. The Life Lease allows you to live at Prairie Village for as long as you like.

If you ever decide to leave

It also allows you to leave at any time and for any reason. Upon your departure from Prairie village, you, or your estate, will receive a refund of 90%* of the Entry Fee base price you paid. Refunds are made once the home has been leased by a new resident and a new Entry Fee is paid.

Are you ready to schedule a tour?

Your tour can show you all your living options. Schedule your appointment now!

Average price range

The amount of the Entry fee is determined by the base price of the home and the cost of any upgrades or options you may want to include. The current price range for new homes at Prairie Village is $245,000 – $250,000, depending on current costs of construction.