Originally Posted by billethkid (Post 1671213)

And there is no age guideline/rule/ratio for resales.

Originally Posted by Marathon Man (Post 1671240)

No. A 19 yo can purchase and live full time in the house alone. As long as the community has above 80% 55+ occupancy. There are many couples in there early 50s living here.

Originally Posted by eweissenbach (Post 1671243)

At least 80% of the homes must be occupied by at least one person 55 or older in order to qualify as an "age restricted community". I am not sure how that is monitored, but I would be willing to bet my 401K that we are not even close to 20% being occupied by under 55 couples or families. Yes there are a few and I have met a couple but there are over 50,000 homes in TV and there are NOT 10,000 that have no one over 55.

Originally Posted by billethkid (Post 1671213)

And there is no age guideline/rule/ratio for resales.

Originally Posted by Marathon Man (Post 1671241)

Also not true. Lots of people believe that, but there is a process that takes place. I know this because I just recently looked into how TV insures that we do not go below 80%.

Originally Posted by Marathon Man (Post 1671241)

Also not true. Lots of people believe that, but there is a process that takes place. I know this because I just recently looked into how TV insures that we do not go below 80%.

Originally Posted by Jazuela (Post 1671211)

But if you are 19, you can PURCHASE a home in the Villages. Buying a home doesn't mean living in one, or occupying one.

You don't have to be 55 or older to PURCHASE any home in the Villages at all. You only have to be 19 or older. You can be 19 years old, buy 4 Designer homes in the Villages, and rent every single one of them out to 55+ couples if you want. You just can't live in it permanently if you are not living with at least one resident who is 55 or older (notwithstanding the 80/20 rule).

If a 55-year-old lives in the house, then their 19-year-old child is allowed to live there too. That 19-year-old is not allowed to use the adult pools, because there is a 30+ age restriction on those pools. But yes, they may live there. That 19-year-old is not allowed to live there by himself, unless that 80/20 exemption is applied.

The law says that at least one person residing in 80% of the homes must be 55 or older. It does not forbid 19 year olds from living there too.

The deed restrictions prevent 19-year-olds from being the sole occupant of the home, and they prevent families, none of whom are at least 55 years old, from residing in the home (except in the areas designated for families, notwithstanding the 80/20 law, which is a law, not a policy).

Originally Posted by Marathon Man (Post 1671240)

No. A 19yo can purchase and live full time in the house alone. As long as the community has above 80% 55+ occupancy. There are many couples in there early 50s living here.

Again. So much misunderstanding about this subject.

Originally Posted by njbchbum (Post 1671271)

For anyone who wishes to know the FACTS re 55+ Communities rules, regs, statutes, law, and much more - here's the site for you"
Housing-55 & Older Communities — Florida Commission on Human Relations

The brief summary is:
Housing for Older Persons Requirements

Federal Register 24 CFR Part 100; section 760.24-760.37 (4a), Florida Statutes

For a community to be considered "housing for older persons" as a 55+ community, the housing must be intended and operated for occupancy by persons 55 years of age or older and meet the following requirements:

At least 80% of the occupied units are occupied by at least one person 55 years of age or older.

The facility or community publishes and adheres to policies and procedures that demonstrate its intent to in fact be a provider of housing for older persons.

The facility or community complies with rules established by the U.S. Department of Housing and Urban Development (HUD) for verification of occupancy.

And my bet is that the Admin Office of TV knows the birthday and date of anyone who has applied for their Villagers ID!

Originally Posted by alwann (Post 1671258)

Please tell me what you learned. Also tell me if you believe TV powers care. I recall a posting where a resident said the developer stated the company couldn't do anything about loser kids living here; no authority over what goes on inside a home. And what goes on outside a home is the district's problem.

So, tell me, who's regulating this 80/20 rule?

Originally Posted by Barefoot (Post 1671257)

Originally Posted by alwann (Post 1671347)

I don't want to talk about "loser kids." I was quoting another poster. Furthermore, are you saying even re-sales are reviewed by the developer? Really?