BonnieG1 (Nebraska)
Posts: 1,186
Posts: 1,186
Posted:
To be considered a retirement community a certain percentage of our units need to have at least one person who is 55 or over. Actually our documents state 57.
I was reviewing some old files and saw where the Board at the time voted to permantly lower the age to 50. Apparently none of the Board members knew that our documents could not be amended with just a Board vots.
Anyway this has stuck in the minds of our current Board members. I have mentoned over and over and over again we cannot lower the age. It has to stay at least at 55. One member just told me other Boards have allowed waivers. The President just told me today she thought the Board could approve someone underage. Is it possible dementia is setting in. I have said many times, I will fight tooth and nail to keep our age requirement at 55.
Our documents do mention a waiver, but that is referring to the leasing of a unit not the age requirement.
I was reviewing some old files and saw where the Board at the time voted to permantly lower the age to 50. Apparently none of the Board members knew that our documents could not be amended with just a Board vots.
Anyway this has stuck in the minds of our current Board members. I have mentoned over and over and over again we cannot lower the age. It has to stay at least at 55. One member just told me other Boards have allowed waivers. The President just told me today she thought the Board could approve someone underage. Is it possible dementia is setting in. I have said many times, I will fight tooth and nail to keep our age requirement at 55.
Our documents do mention a waiver, but that is referring to the leasing of a unit not the age requirement.