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.
|
No! residential properties in TV are "in fee" The land may be subject to a lein related to bond issues that funded infrastructure , but that is an entirely different matter and there are several threads on this forum which explain the "Bond"