HF 112 Summary

• Park owners must give 60 days' written notice by certified mail to all residents and the Minnesota Housing Finance Agency before accepting any offer to sell, lease, or transfer a manufactured home park.

• Residents may submit a competing offer through a representative within 60 days of the notice; owners must negotiate in good faith and cannot accept outside offers for at least 31 days after rejecting a resident offer.

• Purchasers acquiring a park under this provision must maintain it as a manufactured home park or convert it to affordable housing for low-income households, with a covenant running with the land for at least 50 years.

• Park owners who violate notice, offer, or good faith requirements are liable to residents for actual and consequential damages plus attorney fees; courts may also grant injunctive or equitable relief.

• The law does not apply to eminent domain takings, corporate affiliate transfers, foreclosures, partnership transfers, or sales to heirs; repeals Minnesota Statutes section 327C.096.