Vt. Dept. of Housing & Cmty. Dev., Housing Division Rules, Part I (Mobile Home Parks)

Citation
Vt. Dept. of Housing & Cmty. Dev., Housing Division Rules, Part I (Mobile Home Parks)
Jurisdiction
Vermont (state)
Source
Official source
Original Source
https://outside.vermont.gov/agency/ACCD/ACCD_Web_Docs/Housing/Housing-Rules/R... ↗

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13.3 Mobile Home Owners Right to Negotiate Purchase. A majority of the mobile
home owners in a mobile home park shall have the right to negotiate to purchase the
mobile home park by providing a Notice of Intent to Negotiate to the park owner and the
Commissioner within 45 days of the Notice Date (the “Notice Period”). Such Notice of
Intent to Negotiate shall be a written statement, bearing the signatures of a majority of the
mobile home owners. A majority shall be determined by one vote per leasehold, though
no mobile home owner shall have more than 3 votes or 30% of the aggregate mobile
home park vote, whichever is less. Any dispute as to whether a majority has been
achieved shall be resolved by the Commissioner by comparing the list of mobile home
owners provided by the park owner to the mobile home owners’ notice of intent.
Inaccuracies in such list as to the number or identity of mobile home owners shall render
the Notice of Mobile Home Park Sale incomplete.

13.3.1 Period of Negotiation. If the park owner receives a Notice of Intent to
Negotiate from the mobile home owners pursuant to subsection 13.3 above, then

Housing Division Rules Effective Date 7/1/2016 Part I: Mobile Home Parks
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 for an additional 120 days (the “Negotiation Period’), starting from the 46th day
following the Notice Date, the park owner shall:

(a) Not enter into any agreement to sell the mobile home park that would
infringe upon the rights of the mobile home owners to negotiate for
purchase of the mobile home park; and

(b) Fully consider any written offer to purchase from the mobile home
owners or their selected nonprofit organization.