Is the Owner of a Manufactured Home Park or Marina required to notify the tenants of the sale of the park or marina?
The owner of the park is required to give written notice of a plan to sell the facility to all tenants.
What can a tenant do if their Manufactured Home Park is for sale?
Within 15 days, the tenants can choose to purchase the facility, by notifying the owner in writing of:
- The tenants’ interest in competing to purchase the facility;
- Identification of a tenants’ committee formed for the purpose of purchasing the facility; and
- The name and contact information of the representative of the tenants’ committee.