I have seen the 80/20 rule mentioned in a few threads lately. I did not want to further hijack an existing thread so I started this one. I
think I understand the law and see it misstated often. I will find out here
Quote:
Originally Posted by Golfingnut
|
That is a good link. I am always amazed how many times the law is misstated regarding the 20%. From my reading, TV could deny anyone under 55 from buying a home based on the law. "Many" communities do not sell to folks under 55. They are very careful with the 20%.
I personally am very happy TV allows some to buy under age 55 as I was one of them!
PS. I could not find any FL law which superseded the federal housing act.