General Assembly Raised Bill No. 5226 seeks to amend existing laws governing mobile manufactured homes and mobile manufactured home parks, with a focus on enhancing the rights and protections of residents. The bill introduces explicit definitions for terms such as "seasonal basis," "rental charge," and "mobile manufactured home park," and mandates that municipalities with populations of 15,000 or more establish or join a fair rent commission to oversee rental charges, excluding seasonal rentals. It also requires municipalities with mobile manufactured home parks to join a regional fair rent commission, which will have the authority to conduct studies and investigations related to rental charges. The bill emphasizes the inclusion of mobile home residents in commission operations and allows them to opt out of regional jurisdiction if desired.

Additionally, the bill revises compensation structures for residents who must relocate due to land use changes, implementing a tiered compensation system based on notice timing, and introduces new requirements for park owners regarding the sale, lease, or transfer of parks. Park owners must provide written notice to residents at least 45 days before any transaction, detailing the terms and allowing resident associations to express interest in purchasing the park. The bill also modifies the process for terminating rental agreements, requiring specific justifications and extended notice periods for rent increases. Overall, Raised Bill No. 5226 aims to create a more transparent and equitable environment for residents in mobile manufactured home parks, ensuring they are informed of their rights and obligations.

Statutes affected:
Raised Bill: 21-71