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Thread: Under 55
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Old 06-12-2013, 05:58 PM
rayschic rayschic is offline
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Quote:
Originally Posted by senior citizen View Post
Thanks for refreshing my memory........that must be the 80% clause whereas 80% of the residents must be 55+ and the remaining 20% can be younger.

But for the 80% that are 55+....their spouses can be any age, as long as one of them is 55+ ......

A Florida law, I assume.
Not 80% of the residents. The rule is that 80% of the homes must have at least one person over 55 years of age. When my husband and I bought our first Villages home, neither of us was 55 yet.

55 & Over Housing: What is the 80/20 Rule? | Florida Condo & HOA Legal Blog