Am I old Enough to Live in a 55 Plus Community?
There are 3 requirements to maintain 55+ status as a community: 80% of the occupied residences in the community must have at least one occupant (90 days out of a calendar year) who is 55 years or older, the community must establish policies and procedures evidencing its intent to maintain 55+ status, and the community must consistently follow those policies.
If you are considering moving into a 55+ community and you will not have a resident in the home who has reached the age of 55 you must do 2 things before purchasing. These are just a few of the critical things your 55+ Expert, like me, can assist you with when you are looking to purchase in a 55+ community.
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