Talk of The Villages Florida - View Single Post - I.R.S. Rules Against The Villages
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Old 09-02-2013, 11:13 AM
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Quote:
Originally Posted by mickey100 View Post
I agree - in my opinion there is a moral obligation on the part of the developer to keep us whole, but unfortunately no legal obligation.
There is a contractual obligation on the part of the Developer to continue to provide the amenities in exchange for payment of the amenity fees.
Take a look at your deed restrictions. Understanding that is basic to understanding how the whole amenities system works.

In this regard, remember that, although everybody refers to the Developer as "he", the Developer is really an "it"-- a corporation owned by the Morse family.