Bill
Bill > S05881
NY S05881
NY S05881Removes certain requirements for prospective purchasers of manufactured home parks.
summary
Introduced
03/21/2023
03/21/2023
In Committee
06/08/2023
06/08/2023
Crossed Over
06/10/2023
06/10/2023
Passed
10/13/2023
10/13/2023
Dead
Signed/Enacted/Adopted
10/25/2023
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)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
Loading...