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Senate advances bill to strengthen mobile-home-park residents'right-to-purchase process
Summary
Lawmakers passed House Bill 1224 to expand timelines, disclosure, and due-diligence protections for mobile-home-park residents seeking to buy their parks; floor amendments to raise invoice thresholds and change fee splits were offered and rejected.
House Bill 1224 moved through the Colorado Senate on May 5 with sponsor statements that the measure strengthens an existing opportunity-to-purchase program for mobile-home-park residents.
"What this bill does is improve the mobile home opportunity to purchase program that already exists in law," Senator Roberts said on the floor, describing provisions that extend timelines for resident organizing, require better disclosure of…
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