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Originally Posted by OrangeBlossomBaby
No the standard is not the bold underlined area. In fact it's not even a standard. It's an actual law. The law is as follows:
So at least 80% must be occupied by at least one person 55 or older. The other 20% may, or may not, depending on the community's decisions. They MAY make it 100% must be at least 55 or older. They can be more restrictive if they want. But they may not be less restrictive.
However, the Villages has not enforced this in many years. They are selling new construction, as far as I can tell, according to the law. But resales sold by non-Villages MLS realtors don't really care who lives in the house they're selling. And the Developer doesn't ask the age of the resident until AFTER the house has sold and the residents apply for their Villages ID. By that point it's too late.
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Every 2 years, The Villages is required to provide HUD with statistics to show compliance with HOPA.
https://www.hud.gov/sites/documents/DOC_7769.PDF (See Question 11)