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Committee reviews changes to notice and tracking when manufactured-home parks are sold
Summary
Senate Substitute Bill 5,298 would revise notice requirements and add periodic status reporting to the Department of Commerce when owners place manufactured housing communities on the market, and would expand the list of agencies and local governments that must receive notice.
Senate Substitute Bill 5,298, on notice of sale and tenants’ opportunity to compete for manufactured housing communities, was heard by the House Housing Committee on March 17.
Serena Dolly, staff to the committee, summarized current law and the bill. Under existing statute an owner intending to sell a manufactured housing community must provide two notices: a notice of sale and a notice of an opportunity to compete to purchase. Under the substitute bill, the written notice-of-sale requirement is removed and several changes are made to the notice-of-opportunity process. The bill adds the city or county and any housing authority where the community is located to the list of…
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