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Bill Detail: HB20-1201

 

Title Mobile Home Park Residents Opportunity To Purchase
Status Introduced In Senate - Assigned to Local Government (03/05/2020)
Bill Subjects
  • Business & Economic Development
  • Housing
  • Local Government
House Sponsors E. Hooton (D)
S. Gonzales-Gutierrez (D)
Senate Sponsors J. Ginal (D)
D. Moreno (D)
House Committee Transportation and Local Government
Senate Committee Local Government
Date Introduced 01/30/2020
Description

The bill gives home owners in a mobile home park the opportunity
to make an offer to buy the park if the landlord anticipates selling it or
changing the use of the land. A landlord must give notice of a pending
sale to the home owners, the applicable municipality or county, the
division of housing in the department of local affairs, and each home

owners' association, residents' association, or similar body that represents
the residents of the park. The home owners then have 90 days to make an
offer to purchase and arrange financing if necessary. A purchase may be
made by an association representing at least 51% of the home owners.
If a sale of a mobile home park occurs and the home owners are
not the buyers, the landlord must send the municipality or county and the
division of housing an affidavit of compliance with the requirements of
the bill.
The notice and purchase-option provisions do not apply if the
proposed sale is to a family member of the landlord or to someone who
is already a cotenant of the property or if a transfer occurs due to
inheritance or eminent domain.

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Fiscal Notes Fiscal Notes (02/18/2020) (most recent)  
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