Establishes rules for lease-hold retirement communities in large counties, ensuring senior citizens have adequate housing options.

The bill sets regulations for lease-hold retirement communities in counties with over one million residents that border only one other county. It ensures these communities provide adequate housing for senior citizens. The bill grants homeowners the right to sell their homes using standard residential property sales methods. It requires community owners to offer homeowners a long-term ninety-nine-year lease option.

Establishes rules for lease-hold retirement communities in large counties, ensuring senior citizens have adequate housing options.

The bill sets regulations for lease-hold retirement communities in counties with over one million residents that border only one other county. It ensures these communities provide adequate housing for senior citizens. The bill grants homeowners the right to sell their homes using standard residential property sales methods. It requires community owners to offer homeowners a long-term ninety-nine-year lease option.