In the course of my business last month, a local realtor told me that some of the MR bonds in Otay Ranch (South County) also won’t be paid off for 40 years. I was incredulous when he said this but now not so much. From what I understand from this thread, the bulk of the 4S buyers did not initially understand the documents they signed at the time of signing. And the 4S salespeople did not bother to properly explain them. I’ve maintained all along that this practice of non-disclosure routinely happened in new development offices at the time of closing. Buyers were likely so enamored with purchasing *new* construction that they paid no attention to this small, but important detail, even if it was “glossed over” to them at the time of closing.