Quote:
Originally Posted by asianthree
Buying under 55 is not an issue, 20% under 55 is the law. At our second house, next door was 45 & 40, both at home work. So they got to work, and play for the rest of the day.
Summer heat is a killer for us in TV, so that wasn’t an issue, we go north to the lake house until the leaves turn.
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ANYONE can buy a home in the Villages. Buying and occupying are not synonymous. An emancipated 16-year-old can buy a house in the Villages if they have the money to pay for it. They can't live in it until they turn 19, but they can buy it. They can buy it for their grandparents to live in it and provide guaranteed vacation property for themselves.
The 80/20 rule is not enforceable in The Villages anymore, there are no checks and balances. The rule is that a minimum of 80% of all the homes must be occupied by at least 1 person 55 or older. The other 20% can be occupied by anyone of any age 19 or older.
But the Villages doesn't control all their properties; only the new sales, and sales of pre-owned IF the owner chooses to use the Villages Realty to represent them. All the non-Villages MLS realtors are not required to check potential owners for age, before selling the properties, since they're not employed by the Villages.
Someone once posted here something to the effect of "well as soon as they try to get a Villages ID for the amenities, the Villages will know they're not old enough." And the response to that is - correct. But by that time, the people have already purchased the property and moved in. They already LIVE there. You can't kick someone out of their own house. Again - there is no way to enforce this 80/20 rule in the Villages. You also get lots of people renting here who are under 55, but they get in on guest passes - which they can do for up to 30 days each. That is WHY we see so many couples living here who aren't 55 yet.
Meanwhile, MOST residents (notice I didn't say homeowners) are in fact 55 or older. There are some younger residents scattered throughout.