Quote:
Originally Posted by Papa_lecki
There is no way The Villages is anywhere close to 20% under 55 (remember, only one in the house needs to be above 55). How do I know? Just look around.
Who would monitor when the first resale hits the 20.01% mark? No One.
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You are right about the first part. A few years ago the temp ID people told me it was about 8% less than 55 years old, but that may have changed.
The second part, which has been incorrectly stated several times in this forum, is just not true - they do track EXACTLY how many are less than 55... Through the Resident ID program. PEOPLE, they know how old EVERYONE is, they have birthdates, and by the way they have your phone number too.
I bought when I was 51 (now 61) and I asked about it, they explained it completely. They are REQUIRED by US law to allow up to 20% less than 55, and they have to track it PER THE GOVERNMENT to maintain the 55+ status.
Seriously people, we are dealing with government laws here, and the villages which has an army of lawyers. Think about it.