Tenant Site Lease Protections

MH SiteMH SiteDeveloped lot within an MH Community on which a Manufactured Home can be located. LeaseLeaseWritten agreement between an owner and the tenant of a Property stipulating the conditions for possession and use of real estate for a specified period of time and rent. with the HomeownerHomeownerFor an MH Community, a tenant of the Borrower who pays ground rent to the owner for use and occupancy of the MH Site and for use of the MH Community’s utilities and amenities. or tenant of a Manufactured HomeManufactured HomeFactory-built home complying with the Manufactured Home HUD Code. with:

  • a 1-year renewable (at the MH SiteMH SiteDeveloped lot within an MH Community on which a Manufactured Home can be located. LeaseLeaseWritten agreement between an owner and the tenant of a Property stipulating the conditions for possession and use of real estate for a specified period of time and rent. tenant’s election) lease term, unless good cause for nonrenewal exists;
  • a minimum 30-day written notice of rent increases;
  • 5-day minimum grace period for non-payment of rent, and the right to cure rent payment defaults within the specified cure period (or 10 days if no cure period is specified);
  • the HomeownerHomeownerFor an MH Community, a tenant of the Borrower who pays ground rent to the owner for use and occupancy of the MH Site and for use of the MH Community’s utilities and amenities. ’s right to:
    • sell the Manufactured HomeManufactured HomeFactory-built home complying with the Manufactured Home HUD Code. without first relocating it out of the MH CommunityMH CommunityResidential real estate development with lots on which manufactured homes are located, together with amenities, utility services, landscaping, roads, and other infrastructure. ;
    • sublease or assign the MH SiteMH SiteDeveloped lot within an MH Community on which a Manufactured Home can be located. LeaseLeaseWritten agreement between an owner and the tenant of a Property stipulating the conditions for possession and use of real estate for a specified period of time and rent. (for the remaining unexpired term), if the Manufactured HomeManufactured HomeFactory-built home complying with the Manufactured Home HUD Code. purchaser satisfies the MH Community’sMH Community’sResidential real estate development with lots on which manufactured homes are located, together with amenities, utility services, landscaping, roads, and other infrastructure.
      • rules and regulations, and
      • then-applicable credit and background check requirements;
    • post “for sale” signs on the MH SiteMH SiteDeveloped lot within an MH Community on which a Manufactured Home can be located. per the MH Community’sMH Community’sResidential real estate development with lots on which manufactured homes are located, together with amenities, utility services, landscaping, roads, and other infrastructure. rules and regulations; and
    • sell the Manufactured HomeManufactured HomeFactory-built home complying with the Manufactured Home HUD Code. in place within 45 days after eviction, while the Manufactured HomeManufactured HomeFactory-built home complying with the Manufactured Home HUD Code. remains on site and connected to public and private utilities; and
  • at least 60-days notice before any planned MH CommunityMH CommunityResidential real estate development with lots on which manufactured homes are located, together with amenities, utility services, landscaping, roads, and other infrastructure. sale or closure.