Talk of The Villages Florida

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-   -   FL is passing a law about local gov't controlling how you can rent your homes (https://www.talkofthevillages.com/forums/ask-expert-about-villages-florida-real-estate-300/fl-passing-law-about-local-govt-controlling-how-you-can-rent-your-homes-104452/)

neilbcox 02-09-2014 11:08 AM

FL is passing a law about local gov't controlling how you can rent your homes
 
:posting::cus:

The Florida legislature is discussing a proposed law that will allow local governing authorities the ability to control how long you can rent your property. This law is sponsored mainly by the platinum coast legislators of THE BEACHES.

Why should anyone tell us how long we must rent private property?

Now is the time to stop this foolish law!

I wrote my state representatives! Will you?

BarryRX 02-09-2014 11:13 AM

Quote:

Originally Posted by neilbcox (Post 826645)
:posting::cus:

The Florida legislature is discussing a proposed law that will allow local governing authorities the ability to control how long you can rent your property. This law is sponsored mainly by the platinum coast legislators of THE BEACHES.

Why should anyone tell us how long we must rent private property?

Now is the time to stop this foolish law!

I wrote my state representatives! Will you?

If you could link to the proposed law so people could read it, it would be more helpful. I did a google search and couldn't find what you are referring to. I also went through the Florida Legislature calendar and could not find a house bill or senate bill that applies.

TrudyM 02-09-2014 12:39 PM

Many developments have a minimum rental clause in their HOA rules that are with the deeds. A homeowner has agreed before purchasing.

But I don't think a law restricting all rentals in a town or state would stand up to judicial review. I mean dopey politicians can pass anything doesn't mean it will standup in the courts but best to keep them from passing the dumb thing in the first place.

JourneyOfLife 02-09-2014 12:58 PM

Here is an article that might be what you are describing.

Quote:


The proposed reform of a law that would return control of short-term rental regulations to counties and cities gained additional support at the Legislature Tuesday as it cleared a second Senate committee and its first House committee with solid backing.
Flagler’s Vacation Rental Reform Bill Advances Through 2 Committees, Buoying Chances

TrudyM 02-09-2014 01:12 PM

Thanks for the link
 
Quote:

Originally Posted by JourneyOfLife (Post 826714)
Here is an article that might be what you are describing.



Flagler’s Vacation Rental Reform Bill Advances Through 2 Committees, Buoying Chances

So it is about returning the power over the issue to the counties. So when and if it passes then you need to keep an eye on Sumter and Lake and Marion counties to make sure they don't pass what you don't want. Rules on the number of renters as a ratio to square footage and even some length of stay requirements probably wouldn't effect people who rent in the villages too much as most rent monthly anyway and the no commercial use rules in the covens make the conversion to hotel like accomedations not viable anyway.

rubicon 02-09-2014 02:31 PM

In my view the description of homes being used like a vacation resort is exactly what is happening here in TV and they call it a retirement community

golf2140 02-09-2014 02:49 PM

Quote:

Originally Posted by rubicon (Post 826758)
In my view the description of homes being used like a vacation resort is exactly what is happening here in TV and they call it a retirement community

Way to many !!!!!!!!!!!!!!!!!!

villagerjack 02-09-2014 04:41 PM

Be careful what you wish for! TheSnowbirds keep this place alive and some of them rent as well and without that opportunity, fewer buyers. Snowbirds are attracted because Amenities are controlled by the VCCD. and so they are assured of not being blocked out of enjoying what they paid for by full timers. That and the ability to rent and offset costs. It is a win win.

rubicon 02-09-2014 05:14 PM

Quote:

Originally Posted by villagerjack (Post 826801)
Be careful what you wish for! TheSnowbirds keep this place alive and some of them rent as well and without that opportunity, fewer buyers. Snowbirds are attracted because Amenities are controlled by the VCCD. and so they are assured of not being blocked out of enjoying what they paid for by full timers. That and the ability to rent and offset costs. It is a win win.

villagerjack: that fact hadn't escaped me. However it doesn't change the fact that a vacation destination isn't conducive to a retirement community

But we adjust

villagerjack 02-09-2014 05:20 PM

Quote:

Originally Posted by rubicon (Post 826815)
villagerjack: that fact hadn't escaped me. However it doesn't change the fact that a vacation destination isn't conducive to a retirement community

But we adjust


People are the same whether they are on vacation or not. I cannot tell the difference and met a lot of great people on the golf course, some who rent and some who own....no difference. You would have to convince me why it is " not conducive to a retirement community" How do they interfere with you? You lost me.

courtyard 02-09-2014 06:49 PM

We invested our life savings this year in buying a home in a new "single family neighborhood" in TV. Then, later we discovered we were surrounded on all three sides with For Rent signs. This is why we need some new housing regulations. This was sold to us as a retirement community not an investment opportunity. :-(

nitehawk 02-09-2014 07:43 PM

Quote:

Originally Posted by courtyard (Post 826851)
We invested our life savings this year in buying a home in a new "single family neighborhood" in TV. Then, later we discovered we were surrounded on all three sides with For Rent signs. This is why we need some new housing regulations. This was sold to us as a retirement community not an investment opportunity. :-(

:BigApplause::BigApplause::BigApplause:

villagerjack 02-09-2014 07:59 PM

Quote:

Originally Posted by courtyard (Post 826851)
We invested our life savings this year in buying a home in a new "single family neighborhood" in TV. Then, later we discovered we were surrounded on all three sides with For Rent signs. This is why we need some new housing regulations. This was sold to us as a retirement community not an investment opportunity. :-(

Why does that bother you? Are not there other folks on your street? You bought a home and so did the people who rent. They have the same rights as you do and perhaps they bought because it was a good investment opportunity. The fact that people are able to rent increases the buyer pool, particularly the snowbird buyer pool and without the snowbirds this would not be nearly as successful as it is.

villagerjack 02-09-2014 08:24 PM

I know of a retirement community in another state with 3 month rental requirements. attracts few snowbirds. They started building in 1995 and by most accounts it is successful and a great place to live. Well managed. However, they still did not sell out the total of just 8,200 homes. About 900 to go. Selling about 100 new homes a year. Values declined after 2007 and still have not picked up . Home on a golf course is about $130-150 sf. Same home here about $200-250 sf. This is not in the middle of nowhere. It is about 12 miles from Hilton Head Island and 20 miles from Savannah, Ga.

njbchbum 02-09-2014 08:39 PM

Quote:

Originally Posted by villagerjack (Post 826877)
Why does that bother you? Are not there other folks on your street? You bought a home and so did the people who rent. They have the same rights as you do and perhaps they bought because it was a good investment opportunity. The fact that people are able to rent increases the buyer pool, particularly the snowbird buyer pool and without the snowbirds this would not be nearly as successful as it is.

Would probably bother me since I would constantly have 'neighbors' I could never get to know...'cause by the time I might - their lease would be up and new 'neighbors' would arrive.


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