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The Villages Holding Company has chosen a hands-off policy on internal deed restrictions, which are solely their authority.
It's unfortunate, but the deeds do use the word "may" rather than "shall," and so they're not obligated to do anything. |
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Doesn't that (unenforced) 80% or whatever % rule **NOT** apply to RESALES?
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And "unenforced?" Let's see some data to prove that. |
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Here are the rules: https://www.hud.gov/sites/documents/DOC_7769.PDF |
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Who would monitor when the first resale hits the 20.01% mark? No One. |
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I'd like to see up to date statistics showing it is enforced as well (not that I really care either way). It's not easy to prove a negative (that they don't enforce it) as it would be to provide statistics that they do. Actually, it would probably be very difficult to prove either one without access to lots of current raw data and lots of time to process it. You seem to INFER it IS enforced. Can you share your data on how you know that ? Maybe it was the same agent! :girlneener: |
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- The Villages claims they are in compliance with 55+ status and no one has shown otherwise - The Villages is supposed to verify 55+ compliance with the FHA and we haven't heard that wasn't done - The 55+ status allows the Villages to refuse to sell to families and we don't see any families living in the Villages (deed restriction situations occur and are resolved) - I don't believe I've personally observed even 14,000 people so I've certainly not seen over 14,000 individuals under 55+ and known that they were the only resident in their home Not easy to prove that they don't enforce 80% 55+? Simply show more than 20% under 55. Simply show one family who successfully sued after being denied the opportunity to purchase. Simply show a ruling by HUD that the Villages has not complied with any required reporting. Any of those would be clear proof that the Villages is NOT enforcing 55+. |
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Maybe no longer for you, wherever you are, but we are still enjoying the lifestyle near Lake Sumter landing. Don’t see the things that concern you……:ho: |
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And so - according to the LAW - 50% of the homes can have seniors AND their adult children AND their minor grandchildren all living in them, and 30% could have one person 55 years old, his 40-year-old wife, and their 10-year-old child living there, and it would be in compliance with the LAW. The DEED RESTRICTIONS of our community are stricter than the law, and don't allow any children under the age of 19 to live here. THIS - is not enforced. |
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Oh please.
I've lived here for over 24 years. We moved here at 45 and 48 years old, had our home built, and we weren't the only young ones in our neighborhood. The rule has always been 20% of homes can be owned/ occupied by those under 55. There are not children in any pools but family pools as always and the rec centers do not cater to young people or children except for Camp Villages which always has been for grandkids. The only difference is that now there are a lot of airbnbs in the newer neighborhoods and a lot more speculative buying. The Villages is still the amazing place it was in 2000, just a lot bigger, a lot more restaurants and shopping, all good thing. I'm sorry you are now disappointed in living here. We are still loving it, probably even more now. |
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The second part, which has been incorrectly stated several times in this forum, is just not true - they do track EXACTLY how many are less than 55... Through the Resident ID program. PEOPLE, they know how old EVERYONE is, they have birthdates, and by the way they have your phone number too. I bought when I was 51 (now 61) and I asked about it, they explained it completely. They are REQUIRED by US law to allow up to 20% less than 55, and they have to track it PER THE GOVERNMENT to maintain the 55+ status. Seriously people, we are dealing with government laws here, and the villages which has an army of lawyers. Think about it. |
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