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Originally Posted by billethkid
the age rule does not apply to resale or rental properties.....and that's the good news!!
btk
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I am pretty sure that the deed restriction applies to all ownership with the exception of the 80/20 exception. The muddy area seems to be "rentals".
Actually, after further reading, the 55+ rules apply to occupancy not ownership, so the rentals still have to comply. If the occupants are under 55, then they must fall into the 20% bracket and in our community they cannot have children under 19.
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Real Name: Steven Massy Arrived at TV through Greenwood, IN; Moss Beach, CA; La Grange, KY; Crystal River, FL; The Villages, FL
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