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Originally Posted by SouthOfTheBorder
Your question is not a simple yes or no answer. Here is how I understand this subject.
TV is a deed restricted community so it depends on the deed restrictions recorded for the specific piece of property in question.
Generally speaking anyone of legal age can own property in TV. However based on deed restrictions, 80% of residential properties in TV must have one resident that is 55 or older and no residents under 19 are permitted to live full time.
Our deed restrictions speak of residents not owners.
Here is a link where you can access all deed restriction based on County and land lots. A property’s deed restriction will be the source to answer to your question.
Village Community Development Districts
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In other words a 19 (or 41) year old could purchase (be the deed holder) a home in TV but may have problems residing in the house if there is not also a resident that is 55 or older.
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I don’t know who actually maintains the records of 80% over 55. But it appears to be in all our deed restrictions.
Don |
You can be 19 and buy a house here. You don't have to have anyone living with you that's 55 or older. I know people here in their 30's buying homes here.
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Troy, Rochester, Hazel Park, Harbor Beach, Grand Rapids, Michigan
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