Talk of The Villages Florida - Adult children in The Villages

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- The Villages, Florida, General Discussion (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/)

- - Adult children in The Villages (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/adult-children-villages-155951/)

Quote:

Originally Posted by asianthree (Post 1074735)

Our home was sold to a 29 year old and 32 year old. Sold thru the villages. We had no say. We were hoping someone was going to love the home like we did. But no

Why would you think they wouldn't love the home ? Didn't you have a home you loved when you were that age ? We bought a house in our mid 20's and "loved" it !

Quote:

Originally Posted by CathyandSteveG (Post 1075779)

All this time...( since 2012) I thought one person in the household had to be 55. I had absolutely no idea that 20% of the village population could be younger.

You learn something new everyday.

Actually more than 20% could be under 55 as long as one occupant of the residences are 55 or older. Example. Mom, age 50, Dad, age 55 and three twenty something children move in. 80% of the occupants are under 55 but because the other 20% is over 55 it does not adversely effect the 80/20 rule.

I don't think we have a problem. I have been here nearly 14 years and know and have met a lot of people. I personally know of only one residence without an occupant 55 or older.

Quote:

Originally Posted by spring_chicken (Post 1075794)

There are a lot of bitter old folks around here.

And a lot of people with chips on their shoulders looking for an excuse.

My Bride says I act like a 12 year old....................How does that fit into the rules???

Quote:

Originally Posted by advp007 (Post 1074548)

Recent commentary about this has brought a question to mind. What happens when the senior citizen parents pass? What, if any, restrictions are there to the ownership of the house? Can the kids move in? Are they required to sell the house? Are other senior communities different in this respect?

If the heirs have no restriction as to ownership and residence it seems that in time the senior citizen community will disappear.

They can live here if they do NOT have children under the age of 19 and it does not change the balance of 80/20.

And they act nice. (I just threw that in)

Quote:

Originally Posted by dewilson58 (Post 1076005)

My Bride says I act like a 12 year old....................How does that fit into the rules???

Oh, oh, now we gotta look that up in the rule book !! :22yikes:

Quote:

Originally Posted by rubicon (Post 1075722)

Hi sunnyatlast: great information thank you. However while we know the district records DOB's we don't know what they are doing with them, It is easy for a district employee to throw out a number to a resident when the resident inquires of the 80/20% stats. I watched people in corporations do it all the time which I found to be incredible irresponsible and morally wrong

Rubicon, the important thing to remember is that the 80% MINIMUM rule is Federal law. There are paperwork requirements and audits to ensure that Age-Restricted communities are in compliance. To not comply, or to falsify records would result in the community losing their age-restricted status, and possible indictments.

Now, everyone can believe what they want, devise their own theories on the percentages, "assume" that there is a blind eye turned towards the percentages when it comes to resales, etc. But ask yourself this...do you really believe that the Morses and their multitudes of attorneys are so stupid that they would risk losing the Federal age-restricted status of TV, and lose all of their core buyers, and be prepared to pay out the multi-billion dollar class action suit the would be brought against them by current residents?

Quote:

Originally Posted by Villager Joyce (Post 1075548)

A number of people expressed their opinions. Since none were definitive enough, why don't you go to the sales office and a real estate attorney's office and find out the answer. Please be sure and post the information you found out.

I would consider doing that if it wasn't such a long drive for me at this time. Maybe in late July

Quote:

Originally Posted by Fred R (Post 1076208)

I would consider doing that if it wasn't such a long drive for me at this time. Maybe in late July

I keep forgetting everyone on here doesn't live here. I don't know if we will have the answer yet, do let us know what you find out. :)

Quote:

Originally Posted by Fred R (Post 1075526)

Four pages of answers and still no definitive answer to the question.

Quote:

Originally Posted by Fred R (Post 1076208)

I would consider doing that if it wasn't such a long drive for me at this time. Maybe in late July

The Villages Sales Office @ 1-800-346-4556.

Quote:

Originally Posted by spring_chicken (Post 1075794)

How do you know they don't love the home? Their age dictates how much they love a home?
There are a lot of bitter old folks around here.

Because they live in Maine, never going to live there. Just bought for investment. Wow and thanks for thinking I am bitter. Didn't realize I had met you, and I don't find 59 old. But thanks for your lovely comments.