[Bonanza]

Originally Posted by tomwed

Can I sell half my house to my brother and his spouse and have 4 names on my deed?

You don't have to "sell" your house to your brother and sister-in-law.

You can quit claim the property to all of those concerned and they are the names that will be on the deed.

You may want the details to be worked out with an attorney and have the information recorded so that everyone is protected.

[nitehawk]

Originally Posted by TNLAKEPANDA

Lots of people purchase a home in a Trust...(we did) and you can not legally prevent that nor why would you. Further you will never limit rentals to 90 or more. That is up to the people who own the home but I think there is a restriction on short term rentals.

Never say Never---- there are a lot of communities in florida that only allow 90 day rentals and no short turn rentals--

[asianthree]

Our first time that we came was in 2007 and rented a home for a week. That was in Caroline well-maintained and enjoyed our stay. Each time after that we rented for a longer period of time and then we finally bought our first house. If we would not of stayed in different villages we would not of known where we wanted to live permanently.

[Dbinac]

And remember. Corporations are people too.

[asianthree]

I would think that most people that live here at one time have rented before they bought their home. I just can't imagine someone pulling in walking in the sales office buying a house and then going love to live here. If one couldn't rent I actually think there would be less sales of homes. You need to find the experience here and I understand how wonderful TV can be

[Deseylou]

I find it hard to believe that a poster is worried about this place becoming like a slum

[Schaumburger]

Originally Posted by asianthree

I would think that most people that live here at one time have rented before they bought their home. I just can't imagine someone pulling in walking in the sales office buying a house and then going love to live here. If one couldn't rent I actually think there would be less sales of homes. You need to find the experience here and I understand how wonderful TV can be

[Challenger]

Originally Posted by nitehawk

Never say Never---- there are a lot of communities in florida that only allow 90 day rentals and no short turn rentals--

What authority would impose a limit on rental terms??

[TNLAKEPANDA]

Originally Posted by Challenger

What authority would impose a limit on rental terms??

None... they do not have that control. There are too many home owners here and they would have to do away with their "in house" rentals that you get at the sales office. The type of people who rent here for the winter months are not going to be a problem for the communities. Lets face it it's not cheap to rent in the Villages.

[The Mountaineer]

OK, let me give my experience, as someone who rented in The Villages in December for two weeks, as a trial run, and liked it so much that we are renting for three months in 2015, January through March.

Most of the responses have not supported the original posting, and I understand the OP's concerns. But it does sound a bit like: "Now that I'm inside the walls, let's lock the gates for everyone else."

I'm sure we're not the only ones testing the waters by renting first. We have friends in two villages that have shown us around in December, and will help us again in January.

The money that the renters spend at your restaurants, stores, etc. help keep those businesses out of the red, so it benefits the home owners. We live in a condo in Ohio and there are efforts to limit the number of condos that can be rented because it affected the loan rates for the condo owners.

We promise to be good neighbors, maybe even nicer than some of the home owners who live near you. We found The Villages to be the most unique place we have visited, and we've been to 52 countries and 43 states. You should take it as a compliment that we're coming down for three months this time because we want to savor The Villages experience more fully.

Stop by on Rainbow Drive off No. 5 green of Silver Lake Country Club and give us a friendly "howdy." We'll do the same. We're eager to come to the Villages, play golf, enjoy the music and entertainment, help with the volunteer work.

But this IS America. What standards would you use to determine who is worthy of renting -- yea, even worthy of buying -- in The Villages and who is not? Let's all be friends and good neighbors.

We're looking forward to it.

[mulligan]

First, the title of my thread was changed (by admin ??). I never said my concern was rentals per se. My concern is ownership. Yes, sales CAN be restricted to persons only. I lived in a south Florida community that did just that. They also required a minimum 90 day rental, with a background check done by an attorney paid for by the owner ($150). The renters also had to sign off on deed restrictions. By limiting ownership to real people only, the owners association had the ability to deal with the owners directly in case there was some sort of issue on the property, without the legal shield of a trust or a corporation of some type. My concern is not that we have renters in general (most that I have met are very nice people), but our ability to take control of an undesirable situation, should it arise. I believe as the developer approaches completion of new home construction, and relinquishes more and more control, this will become an issue.

[nitehawk]

This thread has been very informative -- i am now in the process of looking for rental homes to own and will rent to section 8 as they are year round rentals -- guarantee payment of rent -- i will keep you informed of my progress of getting the paperwork for section 8. If anyone can help - please do

[TNLAKEPANDA]

Florida is one of those states where the law goes out of it's way to protect the renter (even if they are not paying rent) and not the property owner! In TN if you don't pay your rent the sheriff will be knocking on your door to escort you out! TN is a conservative state. Enough said.

[slipcovers]

Originally Posted by nitehawk

This thread has been very informative -- i am now in the process of looking for rental homes to own and will rent to section 8 as they are year round rentals -- guarantee payment of rent -- i will keep you informed of my progress of getting the paperwork for section 8. If anyone can help - please do

Applicants must be low income,and pay a portion of the rent. Inspections are very strict and done yearly. A couple would only qualify for a one bedroom. I think after you pay all the expenses, not including mortgage and upgrades, it is not a money maker. Again, they have to pay a portion of the rent. You may have a hard time getting them out if they don't pay.

[manaboutown]

Originally Posted by nitehawk

This thread has been very informative -- i am now in the process of looking for rental homes to own and will rent to section 8 as they are year round rentals -- guarantee payment of rent -- i will keep you informed of my progress of getting the paperwork for section 8. If anyone can help - please do

You may want to start with buying the properties adjacent to your own home. That way your Section 8 rentals would be easier for you to manage - no need to commute several miles to unplug a jammed toilet or open the front door at 2:00 a.m. for an inebriated tenant who has "lost" his key.