SB 5827 - DIGEST

     Encourages and facilitates the conversion of mobile home parks to resident ownership in the event of a voluntary sale of the park.

     Provides that, if a qualified tenant organization gives written notice to the owner that they desire to purchase the park, the park may then be sold only in accordance with the act.

     Establishes notice requirements for an owner intending to sell the park.

     Specifies procedures to conclude the sale of the park.

     Provides that, if a mobile home park operator gives written notice that he or she desires to purchase the mobile homes, the homes may then be sold only in accordance with the act.