Talk of The Villages Florida - View Single Post - Two couple ownership
View Single Post
 
Old 07-08-2012, 04:08 PM
eweissenbach's Avatar
eweissenbach eweissenbach is offline
Sage
Join Date: Dec 2009
Location: Smithville (Kansas City) Mo./ LaBelle North
Posts: 4,572
Thanks: 113
Thanked 733 Times in 229 Posts
Send a message via AIM to eweissenbach
Default

Quote:
Originally Posted by asianthree View Post
if you rented out does all four resident passes have to be turned in?
We don't plan to rent it out

Quote:
Originally Posted by jnieman View Post
The only problem I could see happening is what if one couple uses it way more than the other couple and then the other couple can see that they are not getting their fair share. Maybe if you each had to pay so much money each time you used it and that money goes into a pot to split?
We have discussed this and don't see it as a problem. We each have in mind staying Jan thru April and at least a couple months otherwise. If anything becomes a problem that cannot be overcome, the buy-sell agreement would state that the party that wants out can announce their interest in selling - the other party would have 30 days to either buy out the other party at the appraisal price or a price otherwise agreed upon, or agree to put it on the open market for sale.

As for Gracie's familial concern, I would rather do this with this particular couple than with any other party, including siblings, children or other relatives. This is an unusually compatable relationship - unlike any other I can think of.
__________________
Oldcoach Ed
"You cannot direct the wind, but you can adjust the sails" "Be yourself - everyone else is taken"