A bill that will enhance protections for residents in manufactured housing communities passed and is headed to the Governor’s desk for his signature.
October 19, 2012 – (RealEstateRama) — This is a MAJOR VICTORY for manufactured home community residents. Residents in manufactured housing communities (mobile home parks) are in a unique situation in terms of their housing tenure. While most own their homes, they rent the land on which the home is situated. They are homeowners, but without the stability of homeownership, being subject to rent increases, changes in community rules, and in some instances being forced to relocate their homes when the community closes.
Manufactured home community residents will now be protected from community closures. The bill requires community owners to provide current and prospective residents with notice of a closure within 60 days of deciding to close the community. Residents will have at least 180 days to move before the community could be closed. The bill also requires community owners to provide for relocation expenses if the community is closed and a buyout payment if the home is not relocated.
