Talk of The Villages Florida - View Single Post - Investor Clause
Thread: Investor Clause
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Old 04-01-2020, 06:21 PM
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Originally Posted by lovebiking View Post
I was told by a sales rep that if I sell my new home within 1 year after closing that any economic profit from the sale belongs to The Villages. Is this enforceable under Florida Real Estate law or any Florida law?
I sure if you have unforeseen emergency it wouldn’t apply. IMO It there to prevent flipping. Which IMO would be problem, IMO prevents premier homes to the flipped for big profit.