Quote:
Originally Posted by Pairadocs
Because it is a federal law that even a planned retirement community must allow up to 10% (at least it used to be 10, perhaps it's been raised now ?) residents who do not meet the target for the development... in this case, age. However, no one had ever figured out WHO, HOW OFTEN, and HOW RIGIDLY, any of this is checked and recorded !
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Not true. A 55+ designated community MAY restrict residency to 100% 55 or older. The law says that a 55+ designated must have at least 80% properties occupied by at least 1 person 55 or older. That means the other 20% MAY also be 55+, if the community chooses. That's what "at least" means, legally. Minimum 80%, maximum 100%.
OUR community is an 80/20. So UP TO 20% of homes MAY have people under 55 living in them, with no one 55 or older living in them. HOWEVER - no one under 19 may live in The Villages.
So if those 30-somethings decide to have kids, they'll need to move.