(d) Penalty. A park owner who sells a mobile home park without complying with this section shall
be liable to the mobile home owners in the aggregate amount of $10,000.00 or 50 percent
of the gain realized by the park owner from the sale, whichever is greater. A sale,
an offer to sell, or an attempt to sell a mobile home park without complying with
this section shall also be subject to the remedies of section 6205 of this title, including actual and punitive damages.
(e) Exceptions. The provisions of this section do not apply when the sale, transfer, or conveyance
of the mobile home park is any one or more of the following:
(1) through a foreclosure sale;
(2) to a member of the park owner’s family or to a trust for the sole benefit of members
of the park owner’s family;
(3) among the partners who own the mobile home park;
(4) incidental to financing the park;
(5) between joint tenants or tenants in common;
(6) pursuant to eminent domain;
(7) pursuant to a municipal tax sale.
(f) Requirement for new notice of intent to sell.
(1) Subject to subdivision (2) of this subsection, a notice of intent to sell issued pursuant
to subsection (a) of this section shall be valid:
(A) for a period of one year from the expiration of the 45-day period following the date
of the notice; or
(B) if the park owner has entered into a binding purchase and sale agreement with a group
representing a majority of the mobile home owners or a nonprofit corporation approved
by a majority of the mobile home owners within one year from the expiration of the
45-day period following the date of the notice until the completion of the sale of
the park under the agreement or the expiration of the agreement, whichever is sooner.