Legal Question in Real Estate Law in Florida

I am considering purchasing a 55 plus condo in Florida. As I want to be prepared, the Realtor now tells me before my offer the Association rules indicate that you have to make 20000 and have good credit . on my SSDI I make 19 570 so I'm about $450 short. with the IRA I have a $30,000 I can take $500 out for 50 years and that will be my $20,000 income.

I don't know what they consider a g "good" credit score but I believe my FICO 570.

is this legal and if so is there anything I can do about it. These rules Hasbro be flexible. I can pay their dues in advance. Turbo you for your time.


Asked on 4/19/16, 4:16 pm

1 Answer from Attorneys
David Slater David P. Slater, Esq.

The Condo can have credit and income rules.

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Answered on 4/20/16, 8:12 am


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