[crummybuttons]

I was always under the impression you had to be 55 to live here. I also know just one has to be 55. My question is can the villages sell or rent homes in the villages to anyone under 40? Solve the bet here please.
Thanks

[gocubsgo]

It confuses me as well. There is a house on my street that is owned by a man in his early 70's however, he lives in Iowa and his grandson is living in the house full time. He can't be any older than maybe 30 and he's been there almost 2 years now. Apparently this is allowed because the owner is over 55. I don't get it either.

Next door to him there was an elderly couple renting their house. They had their granddaughter, her husband and 5 kids (!!!) all under the age of 10 living there. She home schooled the kids. Finally, the Deed Restriction people chased them out but to where? Another house in TV where they are all living! How do they get away with it?

[jbdlfan]

I hope your money was on being able to live here under 55!

[justjim]

In an Adult Community you have a 80/20 age rule with 20% under the age of 55. Is this enforced and who enforces it???? I have no clue but my guess would be that this is what I would call "pretty loose"----somebody would need to keep the data updated. Of course, no person on a permanent basis under 19 years of age is more easily enforced. Most believe, including me, TV is not even close to the 20% under age 55.

[crummybuttons]

Haven't won anything yet

[Bogie Shooter]

Originally Posted by crummybuttons

I was always under the impression you had to be 55 to live here. I also know just one has to be 55. My question is can the villages sell or rent homes in the villages to anyone under 40? Solve the bet here please.
Thanks

A few other threads on the topic.
Renting to the under 55 crowd

Under 55 Residents

Visiting grandchildren

[jbdlfan]

Originally Posted by crummybuttons

Haven't won anything yet

I own a home in TV and I am 48 and my spouse 44, does that help your bet?!?!?!?!
We rented the year before that.

[billethkid]

the age rule does not apply to resale or rental properties.....and that's the good news!!

btk

[graciegirl]

///

[graciegirl]

Originally Posted by jbdlfan

I own a home in TV and I am 48 and my spouse 44, does that help your bet?!?!?!?!
We rented the year before that.

Poster starting this thread who just bought a new home is 38.


New Homes can't close FHA

[Bogie Shooter]

I'm confused???

[KeepingItReal]

Do not think there are many if any rule(s) that cannot be over ridden or ignored by the developer. Most rules are that they can be enforced but are not required to be enforced...Not enforcing a rule is the same as ignoring it.

[JB in TV]

Originally Posted by Bogie Shooter

I'm confused???

i think gracie is referring to the OP in the thread she linked being 38.

[janmcn]

Anybody that has a TV ID card is required to give their date of birth, therefore TV would have an up to the minute head count of those under 55 vs those 55 and over.

Under the Department of Housing and Urban Development 24 CFR Part 100 Implemention of the Housing for Older Persons Act of 1995; Final Rule

Section 100.307

Article (a) In order for a housing facility or community to qualify as housing for persons 55 years of age or older, it must be able to produce verification of compliance with 100.305 through reliable surveys and affidavits.

The Villages can't make up their own rules on this law.

[SusanOfWoodbury]

Originally Posted by crummybuttons

I was always under the impression you had to be 55 to live here. I also know just one has to be 55. My question is can the villages sell or rent homes in the villages to anyone under 40? Solve the bet here please.
Thanks

My understanding is that the villages sell/rent 10 percent of the homes to people 50 and over. Kids who go to school are only allowed to stay 30 days. As far as the elderly gentleman who has two men staying in his house, I am not sure how that works..