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RI H8013
Bill
Status
2/27/2026
Primary Sponsor
June Speakman
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AI Summary
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Park owners must notify each mobile home owner and the Executive Office of Housing by certified mail of any bona fide offer to sell or lease the park, and cannot finalize acceptance earlier than 45 days after notice is mailed and received
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Mobile home owners or their association have 45 days to submit a proposed purchase agreement with evidence that at least 51% of occupied mobile home owners support the offer, plus an additional 135 days to secure financing
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Residents' offers must have "substantially equivalent terms and conditions" rather than identical terms, and park owners cannot reject offers solely because they include a financing contingency
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Park owners must negotiate in good faith and provide written reasons for rejecting any resident purchase offer within 3 days; sale terms must be universal to all potential buyers with no provisions penalizing sales to resident groups
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Resident groups may assign their right of first refusal to municipalities, housing authorities, state agencies, or nonprofit organizations to continue operating the property as a mobile home park
Legislative Description
Gives mobile home residents a right of first refusal to buy or lease their park, requiring owners to notify the residents’ association and the Department of Business Regulation of bona fide offers and allow time to match the terms.
Motor And Other Vehicles
Last Action
Introduced, referred to House Municipal Government & Housing
2/27/2026