You can sell before the year is up, but the profit of the price you paid for the house goes to the villages closing costs lessen and other things lessen the profit

That policy was started years ago. Folks would buy a number of homes duing the hay days then turn around a sell them at a profit.

If a homeowner sells within the first year and makes a profit that amount of profit goes to The Villages, unless you purchase another home in The Villages. If that happens that rule doesn't apply. The one thing you should check out is if someone sells within one year, makes a profit on the sale and purchases another home that is a lower price than the sale of the previous home I'm not sure if the rule applies.

If you sell before a year and the home sells at a profit, the villages will get the profit over the original sale price. Call your broker and ask .

Nope. TV gets all of the profit.

There are so many exclusions to that. I have sold many homes before the 2 year limit. Some are....illness, retirement, divorce, closer to work, etc, etc.

I believe it is your profit LESS real estate expenses incurred.
However if you had a medical emergency or a compelling reason to sell,
I think The Villages may make an exception.

I think that real estate expenses can be deducted from the profit.
And if you have a medical or other compelling reason to sell, I've heard The Villages can be compassionate.

By profit, they also mean you can tack on improvements to the cost of the home. Let's say you paid $200K for your home. You add landscaping, driveway coating, window treatments, etc for a grand total of $20K. That means anything more than $220K would be profit, not $200K, also don't forget to deduct real estate commission from your profit. That now takes you up to about $233K before you realize any profit.