H-2107.1  _______________________________________________

 

                    SUBSTITUTE HOUSE BILL 1604

          _______________________________________________

 

State of Washington      54th Legislature     1995 Regular Session

 

By House Committee on Trade & Economic Development (originally sponsored by Representatives Johnson and Sheldon)

 

Read first time 02/27/95.

 

Purchasing mobile home parks.



    AN ACT Relating to the purchase of mobile home parks by qualified tenant organizations; and amending RCW 59.23.015.

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

 

    Sec. 1.  RCW 59.23.015 and 1993 c 66 s 3 are each amended to read as follows:

    If a qualified tenant organization gives written notice to the mobile home park owner where the tenants reside that they have a present and continuing desire to purchase the mobile home park, the park may then be sold only according to this chapter.  This notice must be given to the mobile home park owner before execution of any sale documents to a third party, including an earnest money agreement or purchase and sale agreement.

    "Notice" for the purposes of this section means a writing signed by owners of mobile homes located on at least sixty percent of the ((tenants)) occupied lots in the park indicating that they desire to participate in the purchase of the park, and that they are ((contractually)) bound to the qualified tenant organization and to the other signators of the notice to participate by purchasing an ownership interest ((that will entitle them to occupy a mobile home space for the remainder of their life or for a term of at least fifteen years)) in the park.

 


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