Quote:
Originally Posted by Blanco
Are the homes in the Villages land-lease? I just learned about this concept today. I read Florida and Arizona do this. My understanding is when I purchase a new house, I own the house but not the land it sits on. Do people care about this? I did a search in this forum, but I couldn't find anything on the topic.
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Your understanding of the concept may be correct, but it is not a practice inTV. I have owned a home under that circumstance in another state. I own my house and the land it is on here in TV.
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