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NY A06231
Bill
Status
12/28/2022
Primary Sponsor
Fred Thiele
Click for details
AI Summary
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Removes the requirement that prospective purchasers of manufactured home parks provide written certification of intent to change the land's use within 60 months of closing.
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Extends the right of manufactured homeowners to purchase their park to all sales scenarios, regardless of whether the purchaser intends to change the property's use.
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Requires manufactured home park owners to notify homeowners of any bona fide purchase offer and provide a 140-day period for homeowners to exercise their right to purchase at the same price and terms.
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Allows homeowners without an existing association to form one within the 140-day period to collectively purchase the park, with an additional 30-day option if the owner later reduces the sale price or modifies terms.
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Takes effect 180 days after becoming law.
Legislative Description
Removes certain requirements for prospective purchasers of manufactured home parks.
Last Action
tabled
12/28/2022