Quote:
Originally Posted by Skybo
That is correct. The federal law governing 55+ communities states that 80% of the homes have to be owned by someone 55 or older. It’s up to the developer how they handle that remaining 20%. They can choose to sell to folks under 55, or they can require that everyone be 55+. I’ve read several posts on here from folks who have purchased prior to turning 55.
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There are many of us under age 55 living here, and I would think people in their 70-90's would want young people here to remind them that the whole place is not a big pre-nursing home colony. I know our neighbors love to get new neighbors who are young......or young at heart.