Bill > HB230

This bill establishes new protections for mobile home park residents in Alaska by creating two main sets of regulations. First, the bill provides mobile home park residents with a "purchase opportunity" when their park is being sold, requiring park owners to give at least 90 days' notice before finalizing a sale and allowing resident homeowner groups the chance to propose their own purchase agreement. If the resident group's offer matches the price and terms of another offer, they must be allowed to purchase the park. The bill also sets specific requirements for how this process should work, including good faith negotiation, financing considerations, and potential assignment of purchase rights to a municipality or nonprofit. Second, the bill limits annual rent increases in mobile home parks to no more than 5% per year. The legislation defines key terms like "mobile home" and "resident homeowner group" and provides enforcement mechanisms, including potential fines of $100,000 or 20% of the sale price for park owners who violate these provisions, and allows the attorney general, municipalities, or resident groups to bring legal action to enforce the new rules. The bill aims to protect mobile home park residents from sudden displacement and unreasonable rent increases by giving them more control and stability in their living situations.

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https://www.akleg.gov/basis/Bill/Detail/34?Root=HB230