DE HB246

Requires home owner associations in manufactured housing communities to register with the Relocation Trust Authority and establishes eligibility requirements including Delaware incorporation, written bylaws, and automatic voting rights for home owners on community purchase matters.

Clarifies the right of first offer process by requiring community owners to send offers directly to registered home owner associations via overnight delivery with signature receipt, or to the Authority if no registered association exists.

Establishes specific content requirements for the right of first offer notice, including property description, price, special conditions, confidentiality statements, and a 30-calendar-day response deadline.

Allows home owner associations to match higher third-party offers within 7 business days and requires community owners to proceed to negotiation if the association matches the offer, with settlement required within 90 days unless good faith negotiations are ongoing.

Modifies model bylaws to distinguish between general membership and special membership for exercising the right of first offer, removes certain references to Attorney General notification, and requires community owners to provide evidence of higher offers within 24 hours upon written demand.