See the highlights below. This is what drives people nuts. It states "Every business in the Villages pays to the Villages Developer.." Then further on it states "it is completely false.." and then it states,"only after it exceeds a certain threshold.." This is a play on words when it states as some do pay. It is directed to the ones who are bringing in the most revenue. It is not completely false and should be accurate.
What’s the No. 1 myth being perpetuated about commercial leasing in The Villages?
That every business in The Villages pays to The Villages Developer a percentage of every dollar they take in. I have heard this from the first day, and
it is completely false. Some businesses do pay a percentage of sales only after they exceed a certain threshold that is predetermined and agreed upon. It’s a clause in their lease that kicks in only after sales reach a certain threshold; so it’s pre-negotiated. This is a common practice in retail leases nationwide. Within The Villages, only 7 percent of our businesses met this criteria last year.