Quote:
Originally Posted by Villagesgal
In answer to your comment about ever hearing that someone couldn't buy a home here due to their age..
We had to wait till the new year to purchase our lot and have our home built because we were 46 and 50 and they had already reached the 20% allowed. We also had to sign documents stating our correct ages and they took copies of our driver's licenses. So yes, they do check and they do limit those under 55. You weren't asked because you were obviously over 55. We received a letter from the Villages when my husband turned 55, so yes they do keep track, but only of those under 55.
Any child can inherit a home here, anyone over the age of 19 can live here as their permanent residence if the 20% under 55 has not been met. As far as those under 55 using the house as a vacation home, there are no regulations regarding that as long as they are over 18.
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This is the FIRST time in all the discussions on this topic that I have ever heard anyone say they did have to wait to buy their home because TV was at the 20% threshold. Very interesting. So someone must be keeping records on this as required by Federal Law. To my knowledge it has never been disclosed to the residents here.