[jlstree]

Is The Villages still a 55 and older development? We are wanting to move there.

[Bogie Shooter]

Originally Posted by jlstree

Is The Villages still a 55 and older development? We are wanting to move there.

Yes!
More info here.

FAQ | The Villages

[billethkid]

Has anybody ever been turned down from purchasing a house because of age?

We have friends who recently bought in TV. They are both under 55. The question never came up.

My bet is if one is ready to write a check TV isn't going to see if the 55+ ratio has been met for the day/week/year(?).

[OrangeBlossomBaby]

Originally Posted by billethkid

Has anybody ever been turned down from purchasing a house because of age?

We have friends who recently bought in TV. They are both under 55. The question never came up.

My bet is if one is ready to write a check TV isn't going to see if the 55+ ratio has been met for the day/week/year(?).

You don't have to be 55+ to buy a house. You only have to be 19 or older. But if you want to LIVE in the house, at least one person living in that house has to be 55 or older.

In other words, young adults can buy homes in their own name, and have their grandparents live there - for example.

[birdiebill]

Originally Posted by Jazuela

You don't have to be 55+ to buy a house. You only have to be 19 or older. But if you want to LIVE in the house, at least one person living in that house has to be 55 or older.

In other words, young adults can buy homes in their own name, and have their grandparents live there - for example.

To be considered a 55+ retirement community, at least 80% of the homes have to be owned/occupied by at least one person 55 years old or older. Up to 20% can be owned/occupied by individuals who are not yet 55; but a person must be 19 or older to live here full time. I believe there are two villages here that are "family villages, but I do not know for sure.

I have not seen statistics that show the percentage of homes presently occupied by 55+.

[biker1]

This is not correct. Read the Deed Restrictions.

Originally Posted by Jazuela

You don't have to be 55+ to buy a house. You only have to be 19 or older. But if you want to LIVE in the house, at least one person living in that house has to be 55 or older.

In other words, young adults can buy homes in their own name, and have their grandparents live there - for example.

[Barefoot]

Originally Posted by birdiebill

To be considered a 55+ retirement community, at least 80% of the homes have to be owned/occupied by at least one person 55 years old or older. Up to 20% can be owned/occupied by individuals who are not yet 55; but a person must be 19 or older to live here full time.

IMHO, there is a lot of wrong information out there.

[Marathon Man]

There is indeed a lot of incorrect information out there on this subject. And for some reason, it refuses to die.

[capecoralbill]

I have never ever heard of it being enforced . Sinkholes are the bigger problem. The developer has abandoned the Northern areas of the Villages. Specificaly the condemned sinkhole homes in District 4, and the DRY LAKES in Districts*2 and 4.*
*I suppose there is no guarantee against SINKHOLES OR DRY LAKES in the newer Villages either! Google the following for examples:
"sinkhole at 733 Winifred Way" and*"sinkhole at 17092 McLawren Terrace"*and "sinkhole at 2536 Botello Ave", there are more, but you get the idea, watch out for those waterfront views.

[dnobles]

One person does not have to be 55 to live in the house. There is an 80 20 rule. No one under 19 can live in The Villages unless they live in the “family” areas

[Challenger]

Originally Posted by birdiebill

To be considered a 55+ retirement community, at least 80% of the homes have to be owned/occupied by at least one person 55 years old or older. Up to 20% can be owned/occupied by individuals who are not yet 55; but a person must be 19 or older to live here full time. I believe there are two villages here that are "family villages, but I do not know for sure.

I have not seen statistics that show the percentage of homes presently occupied by 55+.

Ownership is not considered in the law creating 55+. The requirement is that 80percent of dwellings must have one or more occupants 55 or over. They
can all be freeloaders, parents, renters or whatever .

[OrangeBlossomBaby]

Originally Posted by dnobles

One person does not have to be 55 to live in the house. There is an 80 20 rule. No one under 19 can live in The Villages unless they live in the “family” areas

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).

[billethkid]

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

[Barefoot]

Originally Posted by dnobles

No one under 19 can live in The Villages unless they live in the “family” areas

The family areas are commonly considered to be part of TV.
However, technically they are not part of The Villages.
They are not supposed to use the amenities for which Villagers pay.

[Marathon Man]

Originally Posted by Jazuela

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).

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.