AK HB230

Mobile home park owners must provide 90 days notice before accepting a sale, lease, or transfer offer, notifying each mobile home owner, the Alaska Housing Finance Corporation, and the local building inspector

Resident homeowner groups representing more than 50% of occupied mobile homes may submit a competing purchase offer within 90 days; owners must negotiate in good faith and accept matching offers from residents

Annual rent increases for mobile home park lot or space leases are capped at 5% per year

Violations constitute unfair trade practices; park owners who fail to comply with purchase opportunity requirements face penalties of $100,000 or 20% of the sale price, whichever is greater

Exemptions include transfers to family members, gifts, transfers between business partners, and eminent domain sales