[Walt.]

Originally Posted by Buckeye Bob

Assume a person passes away and the Villages forecloses on the property over amenity fees/maintenance fees; what happens to the equity that the property has?

Perhaps if the heirs can't be located the equity eventually goes to the State of Florida to sit in the "waiting to be claimed" fund with the other billion dollars.
That's money that will sit for years that the heirs will never think to look for. Free money for Florida.
Why not check the sites below to see if you have some money coming? Lots of refunds, utility deposits, insurance payments, etc.