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Committee weighs H.757 changes to manufactured‑home transfers and subleasing rules for limited‑equity co‑ops
Summary
The General & Housing committee reviewed a strike‑all draft of H.757 that would let owners of permanently sited manufactured homes convey by bill of sale rather than requiring a deed, and would tighten sublease rules for limited‑equity cooperatives in mobile‑home parks while preserving a hardship exception; members deferred any vote pending a final draft and further testimony.
Members of the General & Housing committee on Feb. 6 spent several hours reviewing a revised strike‑all draft of H.757, a bill that would change how manufactured homes are defined, transferred and financed and would add new limits on subleasing in limited‑equity cooperatives (LECs) organized around mobile‑home parks. Counsel Cameron Wood, Office of Legislative Counsel, walked the committee through draft 1.1 and flagged several choices members must resolve before taking a vote.
The most immediate change in the draft would alter how permanently sited manufactured homes are handled when they are financed or sold. Current statute requires ("shall") that a manufactured home financed as real estate be transferred by deed; the draft would make that a permissive standard ("may") for some owner‑to‑owner transfers and add a new subsection preserving a homeowner’s ability to convey by…
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