Quote:
Originally Posted by OldManTime
any business within the Villages, must pay the developer his cut monthly, so all prices are higher within. Leave the ranch, into the outlying towns, a better deal.
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Having assisted in some of the leases in Lake Sumter Landing and Spanish Springs, I ann tell you this is simply not true and amounts to nothing more than an urban legend or parroting.
Some leases do in fact have an escaltion clause that is tied to total annual sales. If and when a lessor hits that magic threshold the would be more than happy to pay a single digit "cut". As the number is far and above the planned or forecasted sales levels.
Most do not ever hit the number hence they do not pay anybody a "cut".
TV commercial rates are the same as a retailer would pay in any shopping center anywhere in central FL.
If a retailer is telling folks that....being polite....it is always nice to be able to blame a third party....eh?