Age-restricted community
From Wikipedia, the free encyclopedia
An age-restricted community is a housing area, often gated, that restricts ownership to individuals who are over a set age. In addition to restrictions on ownership, such communities frequently have age requirements for residency as well. These communities are set up to accommodate older individuals who would like to live in an area without the perceived problems of having children around.
While in the United States discrimination in housing is generally prohibited, the The Housing for Older Persons Act of 1995 [1] allows communities to restrict ownership to only older individuals.
Retirement communities are a type of age-restricted communities.
[edit] Problems with age restricted communities
One common problem occurs when the owner dies and a surviving resident of the home does not meet the requirements for ownership and is forced to sell the home. This can happen even if the survivor is the spouse of the deceased.
[edit] References
- ^ Fair Housing--it's Your Right (U.S. HUD website)
