The measure addresses four issues:
1) The sale of manufactured home communities by owners to community residents restores a capital gains tax exemption for owners upon the community sale to the residents, and ensures that community owners know when the deadline for the opportunity to purchase has expired.
2) Provides exemption from the $6 dispute resolution on low value MH that are exempt from personal property taxes. The measure stabilizes and increases the special dispute resolution assessment for residents from $6 to $10 and for community owners from $25 to $50 for communities with over 20 homesites. In addition, by addressing abandoned MH and unpaid back taxes, the bill provides a way to maintain these homes as affordable housing and make arrangements with county tax collectors.
3) Community owner is responsible for maintaining propane or natural gas supply line if that is part of therental agreement, as well as making sure the home is adequately supported.
4) Guidelines for how a community owner may sell an MH in the community on consignment for a resident to ensure fairness for both sides. ##
(Image credit: photographerdirect–scales of justice)
