Talk of The Villages Florida - View Single Post - Amenity Fees and the "cap"
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Old 01-23-2025, 07:14 PM
Bill14564 Bill14564 is offline
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Quote:
Originally Posted by OrangeBlossomBaby View Post
Interesting (not really) that a few people criticize me for asking the question, and the person I asked the question to instead answered one of the people criticizing me - and no one has answered the question.

It's not fearmongering. It's not doomsaying. It's a direct, clearly worded, well-detailed question. If you aren't capable of answering it, that's fine. But it's a question I had before I moved in that no one would answer, and it's a question I've seen here on ToTV by other people, though worded differently.

So far, my only take-away from the non-answers I've seen is:

"Nope, nothing in writing. But we all trust the Morse Family to never stop, and their descendants who inherit this place will love doing it and keep doing it, or will sell to buyers who have the same vested interest in keeping the theme of this community intact. We believe, because of some faith in some unspoken, unwritten thing, that any new buyers will NOT turn the squares into strip malls or apartment buildings or parking lots for office parks, and leave the residents to their own devices."

That's my take-away. That you believe what you believe, because you believe it. Not because anyone has given you any assurances that it'll be any different.

That's okay, you're allowed to have your beliefs. But it does answer the question with a "nope - nothing in writing, no guarantees."
No, there is nothing in writing to prevent the Developer from walking away, allowing the leases to end, and letting all the properties go to seed. They can do whatever they want with their properties and if they want to lose millions in leases each year they could do it.

That is not something that is going to keep me up at night.

As far as the Developer deciding to sell and a new owner choosing to close the squares in favor of mini strip malls….I won’t live to see it so again, not something that will keep me up at night.
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Last edited by Bill14564; 01-23-2025 at 07:19 PM.