Quote:
Originally Posted by Laker14
On another thread a poster mentioned that when he/she bought a new property from the developer in one of the newer sections, they had to sign a contract that explained that the property could not be rented out.
I didn't want to hijack that thread with questions, so here goes.
1. Is that accurate?
2. When did they start that practice?
3. What would the developer's likely motivations be for such a covenant? Wouldn't it make the market for their homes more desirable if folks wanting to buy as an investment were also able to buy the new homes?
I'm not understanding this at all.
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Quote:
Originally Posted by DAVES
I do not understand why people ask this sort of question here. I would call the villages offices and ask. My logo DAVES. But, DAVES said is well just gossip.
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Well, OK..I might get an answer to #1 and #2, but I doubt I'd get a straight answer for #3.
I just might follow your advice and report back.