Talk of The Villages Florida - View Single Post - Bonds. Whats the real deal?
Thread: Bonds. Whats the real deal?
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Old 04-18-2014, 10:22 AM
janmcn janmcn is offline
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Originally Posted by justjim View Post
Gracie, you "hit the nail on the head!". Most of TV is setup in 10 community development districts (CDD'S) and thus by Florida law the Developer can issue bonds and pass them down to the residents for all the "things" mentioned above. The so called "historical district" of TV does not have a bond. New homes and Villas have a bond ranging from 15k to 50k depending on location.

This is all explained when you purchase a new home in TV.

You might add that any home in Lake County does not have a bond. Lake County does not allows these type of bonds, therefore the new villages in the Fruitland Park town limits will not have bonds attached.