Quote:
Originally Posted by dirtbanker
If there are already 20% of the residents below the age of 55, than no he can not! (evidently there was not at the time of his purchase, and I doubt there will be anytime soon).
As many have pointed out, 80% of the residents must be over the age of 55. They do not care if they are male or female, married or single.
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That is incorrect. What the law requires is that 80% of the home be occupied by at least one person over the age of 55. Theoretically, 80% of the residents could be under 55.
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