We could NEVER afford to buy this mobilehome park!” These words came from Bill, a 65 year-old gentleman who sat across from me at the dining room table in his mobilehome. Around the table sat four of Bill’s neighbors in … Read More
Lately, a good idea seems to be spreading around California’s mobilehome parks. That idea is… mobilehome park resident groups can buy the parks where they live. I recently helped with the legal aspects of two successful resident park purchases … Read More
RESIDENT PURCHASE VERSUS CONDO-CONVERSION
QUESTION by CoMO-CAL: Please explain the differences between a resident purchase of a park and a condo– conversion.
ANSWER: (By Deane Sargent):
A condo conversion (or subdivision) divides the park into individual ownership interests (like squares … Read More