Quote:
Originally Posted by RoboVil
So, I came across a house which is owned by a corporation. How is that possible in a 55+ community?
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Ours is owned by a corporation, an LLC.
The Villages does not sell to a corporation, but sells to an individual who then places the house into an LLC to then be operated as a residential real estate corporation.
that's how we did ours from the developer. Of course, we are over 55 so all is fine.
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