All dwelling units within an age-restricted housing development shall be deed restricted for occupancy by households with at least one person 55 years of age or older and with no person less than 19 years of age, provided that visitors less than 19 years of age are permitted for no more than eight weeks during any 12 month period.

The wording of the required deed restriction shall be submitted by the applicant to the Planning Board for review as part of the application for final subdivision approval, and the wording shall be reviewed, modified as necessary, and finally approved by the Township Council and incorporated within a developer's agreement between the developer and the Township Council as a condition of any final approval granted by the Planning Board for an age-restricted housing development.

The wording of the required deed restriction as finally approved by the Township Council shall be recited in the master deed and the homeowner's association bylaws, which also shall be reviewed and approved by the Township Council and Planning Board as a condition of any final approval granted by the Planning Board for an age-restricted housing development.