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A06268 Summary:

BILL NO    A06268 

SAME AS    SAME AS UNI. S04435

SPONSOR    Thiele

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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