Minnesota HF4645 clarifies residents' right of first refusal for proposed purchase agreements in manufactured home parks and removes notice.
Minnesota HF4645 amends the state's statutes to clarify the right of first refusal for residents in manufactured home parks when a proposed purchase agreement involves closing or converting the park within a year. The bill specifies that before executing a purchase agreement, the purchaser must notify the park owner in writing if they intend to close or convert the park. The park owner must then provide residents with a chance to match the offer.
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.