Manufactured home parks residents' right of first refusal for proposed purchase agreements clarified, and notice requirements for offers to purchase a park removed.
Author added Norris
Summary
The bill changes Minnesota law so that before a manufactured home park can be sold, the owner must give each resident a 45‑day written notice of the proposed purchase and allow a resident‑chosen representative to match the buyer’s cash price and terms. It also eliminates the prior requirement that owners provide notice of unsolicited offers to buy a park. The goal is to give residents a stronger chance to keep their community intact.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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