AS A PARK OWNER OF A 55 PLUS MOBILE HOME PARK, CAN I RENT LOTS TO INDIVIDUALS WHO ARE UNDER 55?
Yes, but there are many requirements that must be followed to have a 55 plus mobile home park and maintain that status. A 55 plus park is a mobile home park which is intended and operated for persons 55 years of age or older. However, there are some instances where a park owner can rent to individuals under 55. The rule the park owner must comply with is the 80/20 rule. The 80/20 rule essentially states that at least 80 percent or more of the occupied mobile homes must be occupied by at least one individual who is 55 years of age or older. This basically means that if a husband and wife occupy the unit, and the husband is 55, but his wife is 50, then the mobile home would be considered part of the 80 percent of mobile homes that are 55 plus. The mobile home park must also publish and adhere to policies and procedures demonstrating that they have the intent to be a 55 plus park, and also comply with any rules required for verification of occupancy requirements. Following these policies,
