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Thread: Can our kids inherit our Villages Home?
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Old 03-11-2021, 09:24 AM
Dr Winston O Boogie jr's Avatar
Dr Winston O Boogie jr Dr Winston O Boogie jr is offline
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Originally Posted by JohnN View Post
Yes, they can inherit the house. Senior 55+ communities have a provision to allow for 20% of the population under the age of 55. Children under 18 cannot live here full-time but visits only.
Again a misunderstanding of that law. I'll repeat it here so everyone understands.

Federal law states that in order to be defined as an over 55 community, at least 80% of the homes must be occupied by at least one person over the ager of 55.

Based on that over 80% of the residents mathematically and legally could be under 55.

In addition, no person under the age of 19 may reside here full time. Persons under the age of 19 may visit for a total of 30 days per year.
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