Quote:
Originally Posted by Marathon Man
I only know what I was told by the lawyer who is involved in the tracking. He told me that all sales are reviewed and that there is a mechanism in place. Remember - selling privately does not neutralize the deed restrictions or the requirements to remain a 55+ community. HOPA says that once the 55+ designation is lost, it cannot be recovered. So, yea, they track it.
As far as costs, a small community would be able to track very easily with little or no costs.
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Is there an actual government agency that would do an audit on the age restriction compliance?
Has TV ever been audited for age restriction compliance?
Or is TV governing themselves and they’re on the honor system?
How would they possibly keep track of Airbnb occupants?
TV was able to build sections for families who work in TV is that included in the 80%
Maybe TV keeps track of buyers for legal reasons but in no way with a community this large can they keep track of every household and who is living in it.