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MN HF817
Bill
Status
1/25/2023
Primary Sponsor
Sandra Feist
Click for details
AI Summary
HF817 Summary
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Amends Minnesota Statutes section 327C.096 to clarify that park owners receiving unsolicited offers are not required to notify residents under the notice of sale requirement.
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Creates new section 327C.097 establishing a right of first refusal process allowing residents and nonprofits to match offers to purchase manufactured home parks within 30 days.
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Requires park owners to notify the Minnesota Housing Finance Agency and all resident households within a specified timeframe when they receive an offer to sell, disclosing the price range and material terms.
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Imposes liability of up to $600 per home site for park owners who fail to provide required notice prior to sale to a third party, with injunctive relief available until sale completion.
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Requires any sale to a resident representative or nonprofit to include a 10-year certification that the property will be preserved as a manufactured home park.
Legislative Description
Manufactured home parks purchase opportunity provided for residents.
Last Action
Second reading
3/15/2023