This bill aims to enhance the transparency and fairness of the mobile home sales process within mobile home parks. Key provisions include clarifying the responsibilities of park owners regarding repair notices, which must be provided in writing within 14 days of a tenant's notification of intent to sell. The bill removes the requirement for a pre-sale inspection and specifies that both the seller and purchaser are responsible for completing any identified repairs, with the park owner required to provide clear and specific notices regarding these repairs. Additionally, the park owner's response to repair requests will remain valid for 90 days, after which they may impose further requirements for any new defects.

Furthermore, the bill mandates that park owners disclose the criteria used to evaluate prospective buyers and requires timely communication regarding approval or denial of applications. It also introduces a new requirement for park owners to provide sellers with a reliable communication method for inquiries, with a response time of two business days. Notably, in larger parks with more than 25 units, if a prospective buyer represented by a licensed real estate agent is denied approval, the seller is entitled to a reduction in park fees, starting at 25% for the first denial and increasing with subsequent denials, up to a maximum of 75%. This reduction remains in effect until the home is sold or a qualified buyer is approved.

Statutes affected:
Introduced: 205-A:2
HB1218 text: 205-A:2