55 Plus (55+) persons are also HOPA persons. So what’s HOPA?

 

HOPAIn Palm Beach County, Florida, the Regional MLS (Multiple Listing Service) has recently been changed to FlexMLS.  Most realtors don’t like the change because FlexMLS  operates differently.  Their eyes don’t find what their looking for because the information layouts are different.  Property searches  are also different.  My personal opinion is that I like it. In the past, each time there’s been an MLS change it’s always met resistance and almost always has been an improvement.  This one should not be any different.

 

One of the changes is that the category previously called 55 Plus (55+) is now called HOPA.  HOPA stands for Housing for Older Persons Act.  The law was signed by the President (Bill Clinton) on December 28th, 1995.

 

Here is a brief Summary of the HOPA Act.
The law makes it legal for communities to market themselves as 55 Plus (55+) which is Age-Restricted Status provided that 80%  of occupied units has at least one person who is 55 years of age or older.  Should the number fall below 80% the community will lose it Age-Restricted Status permanently.

 

Most 55 Plus (55+) communities have an age restriction stating that no one under the age of 18 can reside there.  The actual age is different in different communities.   However, most communities do allow people under the minimum age, such as grandchildren, to visit and stay for a pre-determined amount of time.  That time limit (generally 2 weeks to 90 days) varies community by community.

 

 

The Harelik TeamThe Harelik Team

Markets and sells all types of residential properties in Palm Beach county and we specialize in 55 Plus (55+) communities.  We feature more than 40 Active Adult Communities on our website.  For eachcommunity you can find community information and all homes for sale.  Want to know more?  feel free to contact us, we’re happy to talk with you.

 

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