Best Practices for Managing a 55+ Manufactured Home Community
Editor's Note: This article is provided for general informational purposes only and does not constitute legal advice.
Editor's Note: This article is provided for general informational purposes only and does not constitute legal advice.
Virtually all forms of “familial discrimination” became illegal under the FHAA, such as the refusal to rent to tenants because they had children; imposing different terms or conditions of rental depending upon whether they had children; discouraging persons from living in a manufactured housing community if they had children, etc.
Fair housing law generally prohibits discrimination based on familial status, but there’s a limited exception that applies to senior housing communities that qualify as “housing for older persons.” To qualify, senior housing communities must meet strict technical requirements.
The Fair Ho
Answer: You may accept the prospective tenant. Under federal law, at least 80% of the spaces must be occupied by at least one tenant age 55 or over. The remaining 20% was originally reserved as "padding" in the event that one or more of the spaces became occupied by someone under 55, say, through death of the qualifying tenant and inheritance by a nonqualifying tenant.
The Fair Housing Amendments Act (FHAA) went into effect on March 12, 1989. That Act amended Title VIII of the Civil Rights Act of 1968, which prohibited discrimination based on race, color, religion, sex or national origin in the sale, rental, or financing of residential housing. The FHAA added two additional protected classes; (1) persons with disabilities and (2) families with chi
History
The following are just some of the factors:
- Type of Park:
Are you family friendly, 55 & older, Seasonal, or possibly a combination?
- Management:
Is your park managed by a management company? Do you have an onsite manager? Does the owner visit the park often?
Answer: That is a good question. First, to be clear for our readers, a "security agreement" is any agreement that serves as "security" on the property. For example, a trust deed is recorded on real property, and secures the promissory note. If the note is not paid, the holder can turn to the security, and sell it to satisfy the unpaid indebtedness.