Establishes a board to oversee manufactured housing communities and regulate rent increases.
This bill establishes a board to oversee manufactured housing communities, ensuring fair net operating income. It mandates registration of community owners and operators, and allows for rent increases exceeding the Chained Consumer Price Index for All Urban Consumers. The board has powers to compel attendance, produce documents, and issue binding orders. Violations carry fines up to $5,000, and the board of health can suspend or revoke licenses. The district and superior courts have jurisdiction over related petitions and enforcement actions.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.