Colorado HB1224 clarifies financial protections for mobile home park residents, including notice requirements for landlords.
Colorado HB1224 establishes and clarifies financial protections for mobile home park residents. The bill requires landlords to notify residents if they are temporarily prohibited from raising rent. It mandates that landlords provide detailed financial and maintenance information to residents and potential buyers when selling a mobile home park. The bill also requires landlords to negotiate in good faith with groups of home owners or their assignees and respond to offers within seven days.
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