2006 Minnesota Statutes

327C.096 NOTICE OF SALE.
When a park owner offers to sell a manufactured home park to the public through advertising
in a newspaper or by listing the park with a realtor licensed by the Department of Commerce, the
owner must provide concurrent written notice to a resident of each manufactured home in the
park that the park is being offered for sale. Written notice provided once within a one-year period
satisfies the requirement under this section. The notice provided by the park owner to a resident of
each manufactured home does not grant any property rights in the park and is for informational
purposes only. This section does not apply in the case of a taking by eminent domain, a transfer
by a corporation to an affiliate, a transfer by a partnership to one or more of its partners, or a sale
or transfer to a person who would be an heir of the owner if the owner were to die intestate. If at
any time a manufactured home park owner receives an unsolicited bona fide offer to purchase
the park that the owner intends to consider or make a counter offer to, the owner is under no
obligation to notify the residents as required under this section.
History: 1991 c 26 s 8