Reselling a mobile home on terms, how much power does the park have

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Reselling a mobile home on terms, how much power does the park have

Sam Tright
Member since 2022 · 53 posts · 8 votes

Do mobile home park managers have a say in whether we can resell a home on terms?

I think the answer is no, they can only control whether we're allowed to hold and rent the unit (over and above their own lot rent) to a non owner occupant.

I have heard 55+ parks are an exception though

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  • Jordan MoorheadBusiness Member
    Real Estate Agent · Austin, TX · Member since 2015 · 5k+ posts · 3k+ votes
    3y

    I would call your state association, they're all different

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  • Sam Tright
    OP
    Member since 2022 · 53 posts · 8 votes
    3y

    Sure thing Jordan. Never heard of a state association, what is that?

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  • Eliott Elias
    Investor · Austin, TX · Member since 2021 · 9k+ posts · 5k+ votes
    3y

    It depends on what the parks rules and regulations are. If you own the land, chances are you can do a lot more with the property.

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  • Matt Devincenzo
    Investor · Clairemont, CA · Member since 2011 · 3k+ posts · 2k+ votes
    3y

    They may not be able to dictate if you can sell on terms, but they can have an approval process for your buyer. So if your buyer doesn't meet their criteria then they can deny the sale. This of course assumes the park governing docs allow for their review and approval of a sale. 

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