§ 656-15. Definitions.

Latest version.

As used in this article, the following terms shall have the meanings indicated:

HOMEOWNER

One who holds title or the bill of sale to a home.

PLANNED RETIREMENT COMMUNITY

A contiguous parcel of privately owned real property on which 200 or more lots are leased to owners of year-round homes erected thereon and affixed thereto wherein the permanent occupation is restricted to tenants 55 years of age or older. This term shall not include mobile homes, manufactured homes, or condominiums as defined in the New York Real Property Law or real property owned by a corporation formed pursuant to the New York Cooperative Corporations Law.

TENANT

One who occupies a home in a planned retirement community.

                    
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