Quote:
Originally Posted by MikeandAnn
The 55 and older is stated by The Villages. They want you to think that it’s the only way to buy here. Well look it up. It is Florida’s law that you can not do that. You have to allow a certain percent of under 55. I don’t know the actual percent. So you can buy a house here at 40 years old and move right in. You don’t have to rent it out. That is law, and you can look that up. Don’t let The Villages hide that part from you.
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I am not quite sure of your point, although your post has factual errors. The Fair Housing Act, a Federal Statute, guarantees any American can live anywhere without fear of being redlined from any community.
There are exceptions for age based communities, over 65 and a separate one for over 55 communites. To meet this standard 80% of one of the individual homeowners
must meet the afore mentioned age requirements. There is nothing unique about Florida nor is there anything devious about this. The Villages is not remotely close to approaching 20% of 54 and under owners.