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DE HB188
Bill
Status
5/11/2016
Primary Sponsor
Paul Baumbach
Click for details
AI Summary
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Community owners must provide 90 days' written notice to affected homeowners, homeowners' associations, and the Delaware Manufactured Home Relocation Authority before any rent increase.
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If a proposed rent increase exceeds the Consumer Price Index for All Urban Consumers (CPI-U), the Authority must schedule a final meeting within 30 days, with optional informal meetings permitted at the community owner's election.
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Community owners must disclose in writing all material factors for the rent increase, including market rent data with ranges and relevant time data, at or before the final meeting.
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Affected homeowners or homeowners' associations may petition for nonbinding arbitration within 30 days of the final meeting; arbitration must occur within 60 days of petition, with each party paying $250 toward arbitrator fees.
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The arbitrator's decision is rendered within 15 days using standards from Title 25 § 7042; homeowners subject to the increase receive a rebate if the increase is not approved through this process.
Legislative Description
An Act To Amend Title 25 Of The Delaware Code Relating To Rent Increases For Manufactured Housing.
Last Action
Signed by Governor
5/11/2016