What Is Age-Restricted Community?
An age-restricted community is housing legally permitted to limit residency to households with at least one member above a minimum age, most commonly 55, under a Fair Housing Act exemption for senior housing.
Why it matters
These communities often carry HOA rules and amenities tailored to the restriction, and lenders/appraisers may treat resale demand differently than an unrestricted community.
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This definition is provided for general educational purposes and is not financial, legal, tax, or real estate advice. Verify important decisions with appropriately qualified professionals.
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