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Is it true that only one claimant, out of several co-owners of a replacement dwelling, need be at lease 55 as of the date of sale of an original property?

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Is it true that only one claimant, out of several co-owners of a replacement dwelling, need be at lease 55 as of the date of sale of an original property?

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Yes, but the claimant must be an owner of record, Either the claimant or their spouse must also have been an occupant of the original property and at least 55 years old on the date of sale.

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