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A06268 Summary:

BILL NOA06268
 
SAME ASSAME AS UNI. S04435
 
SPONSORThiele
 
COSPNSR
 
MLTSPNSR
 
Add S238-a, RP L
 
Sets up rules and regulations for the operation of lease-hold retirement communities to provide adequate housing for senior citizens wishing to retire and locate in a lease-hold retirement community; grants owners of homes in lease-hold retirement communities the right to sell their homes by methods common to sales of residential property; requires that owners of lease-hold retirement communities offer owners of homes the option to sign a long-term ninety-nine year lease.
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