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-   The Villages, Florida, General Discussion (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/)
-   -   Property at TV: Lot Own or Lease? (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/property-tv-lot-own-lease-111978/)

SantaClaus 04-20-2014 03:18 PM
Property at TV: Lot Own or Lease?
 
Ok, I heard a story I'm not sure is true or not. Sounds weird to me. I heard that when you buy a home at TV you own the house but are only leasing the land, for like 60 years. In all my reading I haven't even seen this "fact" hinted at, so I assume (my rather adamant) friend is completely mistaken. TIA

MikeV 04-20-2014 03:26 PM
Never heard such a thing.

gerryann 04-20-2014 03:27 PM
your friend is totally mistaken. You own the land.

dblwyr 04-20-2014 03:30 PM
Not true. You own, fee simple.

perrjojo 04-20-2014 03:51 PM
Quote:
Originally Posted by SantaClaus (Post 865280)
Ok, I heard a story I'm not sure is true or not. Sounds weird to me. I heard that when you buy a home at TV you own the house but are only leasing the land, for like 60 years. In all my reading I haven't even seen this "fact" hinted at, so I assume (my rather adamant) friend is completely mistaken. TIA
I heard that there really is a Santa Claus and he lives in North Carolina, not the North Pole.

zcaveman 04-20-2014 03:56 PM
Top of the World in Ocala has the lease deal.

In TV you buy you own the land.

Z

SantaClaus 04-20-2014 03:58 PM
Thanks guys. I was 98.3% sure that was the case. North Pole, North Carolina, both are too far north. Santa's eyes are set on TV!

TheVillageChicken 04-20-2014 04:39 PM
Quote:
Originally Posted by SantaClaus (Post 865293)
Thanks guys. I was 98.3% sure that was the case. North Pole, North Carolina, both are too far north. Santa's eyes are set on TV!
That is a pretty specific degree of certainty. I like that.

SantaClaus 04-20-2014 04:44 PM
Well... +/- 0.2% (I didn't want anyone to think I was waffling! {grin} )


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