CA AB317

Revises the "Information for Prospective Homeowners" document that mobilehome park management must provide within 2 business days of a residency application request to include disclosure that non-principal residence homeowners may not be subject to local rent control ordinances.

Requires the document to advise prospective homeowners that signing a long-term lease (more than one year) may remove their rental space from local rent control ordinances during the lease term or any extension.

Maintains existing requirements for management to provide prospective homeowners with current monthly rent amounts for specific spaces, additional fees and charges, and information about lease or rental agreements required to complete home purchases.

Requires park management to provide copies of park rules and regulations, rental agreements, and the Mobilehome Residency Law upon prospective homeowner request.