Talk of The Villages Florida - View Single Post - The Villages and the IRS. From Lauren Ritchie
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Old 09-05-2010, 08:09 PM
Taj44 Taj44 is offline
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Quote:
Originally Posted by pauld315 View Post
Russ, it is great that you are a savvy consumer and you were fully informed due to your own due dilligence prior to purchasing. I applaud you for that. However, I would wager (if iI was a bettor) that most did not read the information related to this on the district.gov website prior to purchasing because they weren't even aware there was a potential issue like this loomng.

So, unless they explicitly pointed out that this issue could affect your ownership in the future, I don't think TV was practicing full disclosure to their customers prior to the sale. Sometimes customers just don't know what to ask about and as an ethical seller you have the responsibility to inform them.

So, as I said before, I am surprised that TV wouldn't want to make sure everyone was informed before buyiing. They could easily make sure this was the case by letting people know what was happeining between the IRS and themselves, even if it was by just defining it at a very high level so that people could look into it on their own if they so desired. I have always run bisinesses with openess and have never seen any of them suffer because of it. If they are already doing that, it is fine. If not, one has to question why they aren't.
Bingo. Well said.