Thread: land-lease
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Old 08-14-2015, 10:07 AM
Abby10 Abby10 is offline
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Originally Posted by Blanco View Post
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.
Other states do this too, but to answer your question, no, The Villages is not a land lease community.