land-lease

land-lease

Notices

» Site Navigation
Home Page The Villages Maps The Villages Activities The Villages Clubs The Villages Book Healthcare Rentals Real Estate Section Classified Section The Villages Directory Home Improvement Site Guidelines Advertising Info Register Now Video Tutorials Frequently Asked Questions
» Newsletter Signup
» Premium Tower
» Advertisements
» Trending News
» Tower Sponsors




















» Premium Sponsors
» Banner Sponsors
» Advertisements
Closed Thread
 
Thread Tools Display Modes
land-lease
  #1  
Old 08-13-2015, 03:45 PM
Blanco Blanco is offline
Junior Member
 
Join Date: Aug 2015
Posts: 3
Default land-lease

Are the homes in the Villages land-lease? I just learned about this concept today. I read Florida and Arizona do this. My understanding is when I purchase a new house, I own the house but not the land it sits on. Do people care about this? I did a search in this forum, but I couldn't find anything on the topic.

  #2  
Old 08-13-2015, 03:57 PM
graciegirl's Avatar
graciegirl graciegirl is offline
Sage
 
Join Date: Mar 2008
Location: From Ohio, now happily live in Laurel Valley
Posts: 35,603
Default

No land lease in The Villages.
__________________
I have to be myself, everyone else is taken.
Sponsored Links
  #3  
Old 08-13-2015, 04:06 PM
dbussone's Avatar
dbussone dbussone is offline
Sage
 
Join Date: Jun 2012
Posts: 7,859
Default

Quote:
Originally Posted by Blanco View Post
Are the homes in the Villages land-lease? I just learned about this concept today. I read Florida and Arizona do this. My understanding is when I purchase a new house, I own the house but not the land it sits on. Do people care about this? I did a search in this forum, but I couldn't find anything on the topic.

Your understanding of the concept may be correct, but it is not a practice inTV. I have owned a home under that circumstance in another state. I own my house and the land it is on here in TV.
__________________
All the great things are simple, and many can be expressed in a single word: freedom, justice, honor, duty, mercy, hope.
Winston Churchill
  #4  
Old 08-13-2015, 04:07 PM
dbussone's Avatar
dbussone dbussone is offline
Sage
 
Join Date: Jun 2012
Posts: 7,859
Default

It is not done here.
__________________
All the great things are simple, and many can be expressed in a single word: freedom, justice, honor, duty, mercy, hope.
Winston Churchill
  #5  
Old 08-13-2015, 04:08 PM
summerhill summerhill is offline
Member
 
Join Date: Oct 2009
Posts: 38
Default

You buy here, you own the land and the bond...
  #6  
Old 08-13-2015, 04:30 PM
coach coach is offline
Senior Member
 
Join Date: Aug 2007
Posts: 262
Default

No , you own the land in TV. No land lease arrangements here. Some developments in the area offer that type of ownership.
__________________
North Carolina, TV
  #7  
Old 08-13-2015, 05:18 PM
villager villager is offline
Veteran member
 
Join Date: Oct 2007
Posts: 738
Default

No, the homes are not on leasehold land. When you purchase a property in The Villages, the land the home sits on is conveyed to the purchaser (in other words, you own it).
  #8  
Old 08-13-2015, 07:46 PM
Rickg's Avatar
Rickg Rickg is offline
Senior Member
 
Join Date: Jan 2013
Location: Collier
Posts: 362
Default

I have a deed to my land in the Villages
__________________
Yes, we drank the koolaid
Collier, The Villages
  #9  
Old 08-13-2015, 07:52 PM
Challenger's Avatar
Challenger Challenger is online now
Platinum member
 
Join Date: May 2010
Location: Biscayne Villas
Posts: 1,911
Default

Quote:
Originally Posted by Blanco View Post
Are the homes in the Villages land-lease? I just learned about this concept today. I read Florida and Arizona do this. My understanding is when I purchase a new house, I own the house but not the land it sits on. Do people care about this? I did a search in this forum, but I couldn't find anything on the topic.
No! residential properties in TV are "in fee" The land may be subject to a lein related to bond issues that funded infrastructure , but that is an entirely different matter and there are several threads on this forum which explain the "Bond"
__________________
"All that is necessary for the triumph of evil is that good men do nothing" Edmund Burke 1729-1797
  #10  
Old 08-14-2015, 05:42 AM
RickeyD RickeyD is offline
Soaring Eagle member
 
Join Date: Sep 2014
Posts: 2,436
Default

Quote:
Originally Posted by Blanco View Post
Are the homes in the Villages land-lease? I just learned about this concept today. I read Florida and Arizona do this. My understanding is when I purchase a new house, I own the house but not the land it sits on. Do people care about this? I did a search in this forum, but I couldn't find anything on the topic.

Not true. My deed states I own the land.
Closed Thread

Tags
land-lease, house, sits, land, find, topic, forum, care, search, people, learned, concept, today, villages, homes, read, florida, purchase, understanding, arizona

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 11:25 AM.