SB 5400 - DIGEST |
Facilitates and encourages fair bargaining between tenants and owners of manufactured/mobile home parks to achieve mutually satisfactory agreements regarding space or lot rents in the parks. |
Protects tenants from unreasonable space or lot rent increases while simultaneously recognizing and providing for the need of park owners to receive a just and reasonable return on the investment in their property. |
Creates the manufactured/mobile home park rental review board. |
Provides that the act is null and void if appropriations are not approved. |