Just curious if anyone in here has any experience running “senior” MHP’s? The park we are taking over has 18 tenants (all TOH’s) and only 4-5 are older (55+), but they are by far the best renters. This has given me thought to trying to move entirely in the direction of a senior-friendly (senior only) park but not sure if that’s actually a good idea or not as I know it would limit the amount of potential tenants and I know there are certain rules about how it would have to be set up so that we are not discriminating…any thoughts?
It is probably illegal to discriminate in this way unless the current tenants themselves vote it in by 75% of all spaces or something. Probably state-law specific.
This is NOT legal advice…CHECK THE LAWS…CONSULT AN ATTORNEY…
My park in Texas was 55+ when I took it over…
Do some research on your state and the Federal laws but in general as I have understood all I read on the topic.
There are exemptions to the Fair Housing laws for 55+ communities IF … 55+ parks require 80% of occupants at all times to be 55+… BE CAREFUL on your ads as far as wording etc. It’s not an ADULT park… it’s a 55+…Be prepared for the grandchild visiting/custody questions, etc.
I’m sure you can find more references.
I’m not a lawyer, but there seems to be legal way to do this if you follow the rules: