California Government Code

§ 66427.5

GOV § 66427.5 Effective Jan 1, 2014Div. 2 · Title 7 · Ch. 2 · Art. 1

Statute text

At the time of filing a tentative or parcel map for a subdivision to be created from the conversion of a rental mobilehome park to resident ownership, the subdivider shall avoid the economic displacement of all nonpurchasing residents in the following manner:

(a)The subdivider shall offer each existing tenant an option to either purchase his or her condominium or subdivided unit, which is to be created by the conversion of the park to resident ownership, or to continue residency as a tenant.

(b)The subdivider shall file a report on the impact of the conversion upon residents of the mobilehome park to be converted to resident owned subdivided interest.

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Legislative history

Amended by Stats. 2013, Ch. 373, Sec. 1. (SB 510) Effective January 1, 2014.