Talk of The Villages Florida - View Single Post - 80/20 rule
Thread: 80/20 rule
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Old 10-04-2012, 12:31 PM
downeaster downeaster is offline
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Quote:
Originally Posted by graciegirl View Post
When someone says that folks in their 30's can buy here, I feel disappointed. We like the concept of an adult community and expected to find mostly over 55 residents. We left a world of younger people who sometimes dismissed us because of our age.

That does not mean we don't have friends of all ages, but hoped to find our peer group here. Living with people who have finished their careers and raising their children and who have lived at least five decades is comfortable and nice for me.

Please don't yell at me. That is how I feel.
I share your concern, Gracie. I have been thinking about the 80/20 rule since this thread started. I decided to do some checking.

The law allows up to 20% of the units to be occupied (not owned) by non-qualifying persons for any reason. If more than 20% of the units are occupied by non-qualifying persons (“good” reasons do not matter) the exemption may be lost and law suits could result on the basis of discrimination against families.

A census could be required in order to determine if the 20% has been exceeded.

I tend to agree with those posters who feel it is unlikely we will ever see the 20% exceeded. I would hope the District is keeping some sort of score to assure we never reach that position.

By the way, has anyone heard of a 55 plus community losing their exemption?