Age Restrictions
 

I am here for a month looking for a home to buy. While playing Golf today I was teamed up with a couple men that work for the Community Watch and lived in The Villages for 8 years, during our conversation I was expressing how wonderful this place was and the subject of age restriction came up, they told me that they could sell a house to anyone of any age. I said I couldn't believe that and if it was true they couldn't have the same privileges, and they quickly told me oh yes, once you were a resident you had the full privileges. Can anyone shed some light on this for me? Is it age restrictive as advertised or were these gentlemen ill informed? Thanks for any input.

New sales yes.
Resales no.

By law around 20% of people here can be younger than 55. Understand that you cannot live within The Villages and have school age children living with you for more than 30 days. Older non-school age children living with you that possibly work here are OK. These restrictions alone make it a community that attracts "older" residents. Because of the extent of our ammenities some under 55's with no children, that find employment in the area, or are fortunate to retire early will choose to live here. We have been here 9 1/2 years and it all works just fine.

Thanks, the demographics good be much different than 10 years.

The Housing for Older People (HOPA) act amends the Fair Housing Act. Under section 2, a community intended and operated as a 55 and older community (that's us) at least 80 percent of the occupied units are occupied by at least one person who is 55 years of age or older. If the number of people age 55+ in a given community falls below the 80 percent threshold, the community could lose its age-restricted status (and loss of such status would be permanent). That means that an over 55 woman and her 19 year old significant other would be eligible to live here. That also provides an option for the developer to sell the other 20% of the houses to those under 55. However, in either case the house could not have children under 19. Once the community meets the HOPA requirements and does not violate State Law the Community can make adjustments i.e., change to a 60 and older, restrict to 55+ or have a younger age eligible. So the short answer to your question is that yes, someone under 55 can buy and live in TV, but the amendment (signed by President Clinton) is not exclusive to TV. How this place ends up after build out is anyone's guess but for now, TV seems to be operating under the 80 - 20 formula.

Your question is not a simple yes or no answer. Here is how I understand this subject.

TV is a deed restricted community so it depends on the deed restrictions recorded for the specific piece of property in question.

Generally speaking anyone of legal age can own property in TV. However based on deed restrictions, 80% of residential properties in TV must have one resident that is 55 or older and no residents under 19 are permitted to live full time.

Our deed restrictions speak of residents not owners.

Here is a link where you can access all deed restriction based on County and land lots. A property’s deed restriction will be the source to answer to your question.

Village Community Development Districts

In other words a 19 (or 41) year old could purchase (be the deed holder) a home in TV but may have problems residing in the house if there is not also a resident that is 55 or older.

I don’t know who actually maintains the records of 80% over 55. But it appears to be in all our deed restrictions.

Don

Nice response. You obviously did your homework. I have taken the liberty of highliteing(sp?) what I feel is a key part of your post and one that is overlooked too often.

I don't think ther is rule that can't be broken?:what:

From the source:
55+ Housing / Resources / Home - Florida Commission on Human Relations

It is a federal law that applies to the developer. But in reality they sell to anyone.

I think TV is easily within the law.

We know.

Well researched. As usual.

Sell to anyone........based on what?

Meaning what? Yes restricted; not restricted?

As far as I know, from a practical perspective, no restriction on any sales.