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Bill > S05881


NY S05881

NY S05881
Removes certain requirements for prospective purchasers of manufactured home parks.


summary

Introduced
03/21/2023
In Committee
06/08/2023
Crossed Over
06/10/2023
Passed
10/13/2023
Dead
Signed/Enacted/Adopted
10/25/2023

Introduced Session

2023-2024 General Assembly

Bill Summary

AN ACT to amend the real property law, in relation to manufactured home parks

AI Summary

This bill amends the Real Property Law to remove certain requirements for prospective purchasers of manufactured home parks. Specifically, it removes the requirement for a prospective purchaser to certify whether they intend to change the use of the land. The bill also modifies the process for manufactured homeowners to purchase the park, allowing them to provide a notice of intent to make an offer within 60 days of receiving notice from the park owner, rather than requiring them to deliver an executed offer within 140 days. Additionally, the bill reduces the threshold for forming a manufactured homeowners' association from 51% to greater than 50% of all manufactured homeowners.

Committee Categories

Housing and Urban Affairs

Sponsors (1)

Last Action

SIGNED CHAP.593 (on 10/25/2023)

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