MHP - Tenants without leases

[Rob Chamberlain]

I am in a due diligence period on a park which cashflow-wise is a great deal. The current owner acquired the property through a lien and only has owned it for a few months and before that it was bank owned for about 5 years.

All of the homes are owner occupied by lower income people with a mix of them receiving public assistance. Some homes that have been bought and sold without the new owners signing leases. Apparently during the time it was bank owned it basically was not managed at all.

If a tenant that hasn't signed a lease and stops paying rent, will I be able to evict since there is not a lease? Also I have heard that most of the home sales have been very informal and little if any paperwork has been officially signed.

Any Advice would be much appreciated! (I am meeting with an attorney soon to get their opintion)

Rob