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Tuesday, Nov 12, 2024

Buying and Selling Trailers, Mobile Homes and Manufactured Homes in Rental Parks

A trailer is NOT a mobile home if it is less than 8 feet wide x 40 feet long and is therefore classified as a recreational vehicle (trailer).  The owners of these trailers/RV’s do not have a right to sell them in place.

A mobile home cannot be required to be removed upon a resale if it: 1) is more than 17 to 20 years old or older but meets health, safety and construction standards of state law; and 2) is not in substantially rundown condition or disrepair as determined in the reasonable discretion of management.

Prior to purchasing a manufactured home located in a rental park, the prospective buyer must be approved for tenancy in the park by the owner of the park.  The sale of a mobile home located in a mobile home park is a three-party, not two-party transaction.   The buyer and seller must not only agree to terms on the sale of the home, the buyer must be approved for residency in the park by the park owner/management.

Park management can withhold approval on the basis of: 1) the buyer’s inability to pay the rent and charges of the park and 2) the buyer’s inability to comply with park rules and regulations as indicated by prior tenancies.  Although guidelines used by other landlords or public agencies for rental housing may be more lenient, many park owners impose higher income requirements to assure buyers will be able to afford future rent increases without causing the park problems, such as evictions.

The seller of a manufactured home must provide the buyer with certain disclosures.

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