Defines lease-hold retirement community and proscribes rules and regulations for ownership and operation thereof

Summary

The bill defines a "lease‑hold retirement community" as a private parcel of 200 or more homes in a county of over one million people, and sets uniform lease, rule‑making, fee, and sale requirements for owners and operators. It limits what owners can charge, how rules are adopted, and protects homeowners’ rights to improve, sell, and choose vendors. The goal is to protect seniors living in these communities from arbitrary fees and restrictions.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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