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Old 03-20-2015, 06:46 AM
Dr Winston O Boogie jr's Avatar
Dr Winston O Boogie jr Dr Winston O Boogie jr is offline
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Quote:
Originally Posted by asianthree View Post
The 20% is based on ownership, not by who is renting.
Sorry asianthree, but that is not correct. The law states that 80% of the homes must be OCCUPIED by at least one person over the age of 55. It says nothing about renting or owning. There are some over 55 communities made up entirely of rental units.
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