This bill mandates that sellers of manufactured housing units in resident-owned communities (ROCs) must inform prospective buyers of their right to access essential community documents before finalizing a sale. Specifically, the bill introduces a new subdivision under RSA 205-A, titled "Resident Owned Community Unit Resale Disclosures," which outlines the required disclosures that must be provided to potential buyers. These disclosures include information on fee payments, anticipated capital expenditures, reserve funds, financial statements, pending legal matters, insurance coverage, and any alterations made to the unit. Additionally, sellers must provide copies of the ROC's declaration, bylaws, and rules, as well as details on fees and assessments.

The bill stipulates that the principal officer of the ROC owners' association, or designated officers, must supply these disclosures within ten days of a written request from a prospective buyer. The effective date for this legislation is set for January 1, 2026. The new legal language inserted into the current law emphasizes the importance of transparency in the resale process of manufactured housing units, while no specific legal language is deleted from existing statutes.