Investment Property Group » Market Updates

Brookings OR Mobile Home Park, Court upholds ruling in favor of Emerald Coast residents

parkguy1 — Sat, 07 Aug 2010 23:08:40 +0000

The Oregon Court of Appeals has upheld a Curry County Circuit Court ruling that prohibited Emerald Coast Estates Inc. of Harbor from evicting a resident for placement of a “For Sale” sign on the home in violation of park rules. Read more here.

California Coastal Commission causing problems for Laguna Beach mobile home park owner trying to subdivide

parkguy1 — Fri, 06 Aug 2010 20:46:42 +0000

The owners of the Laguna Terrace Mobile Home Park on Tuesday filed a lawsuit against the commission in Orange County Superior Court. The suit asks the court to determine if the commission can exert jurisdiction over the park’s conversion to resident ownership. On July 20, the council approved subdividing the 20-acre ocean-view park developed in the 1960s by owner Stephen Esslinger’s grandfather, allowing the 157 lots to be sold for the first time to tenants. Even before the vote, the commission’s executive director, Karl Schwing, signaled his intention to contest the decision. Read more here.

Washington Mobile Home Park Tenants Win Class Action

parkguy1 — Thu, 05 Aug 2010 23:59:48 +0000

The class action lawsuit settlement requires mobile-home park owners to drop the conversion language from its leases and stop using contracts that allowed them to automatically convert an annual lease to a month-to-month lease. The settlement does not provide reimbursements for class members, but it does allow the tenants to pursue back rent. Read more here.

As if San Luis Obispo County Mobile Home Park Owners were not regulated enough!

parkguy1 — Thu, 05 Aug 2010 23:19:28 +0000

The San Luis Obispo County Board of Supervisors has directed planning staff to begin developing a mobile-home park overlay zone that would contain incentives for park owners to protect and preserve the county’s largest stock of affordable housing — mobile-home parks. Read More here.

Courts rule for Capitola in mobile home park suit; Property owner must partially refund rent after services not kept up

parkguy1 — Tue, 27 Jul 2010 20:43:41 +0000

An owner of a rent controlled mobile home park (like that’s not bad enough), now faces having to partially refund tenants rents. Read the article hear.

Pleasanton CA, mobile home park owner settle $29.1 million suit

parkguy1 — Thu, 04 Mar 2010 16:00:37 +0000

After a six month legal battle, the park owner and City agree to settle. The City has approved the sale of a 208 space MHP to the park residents with certain concessions from the park owner. Read article here.

House Bill will exempt inexpensive manufactured homes from property taxes

parkguy1 — Tue, 23 Feb 2010 15:27:12 +0000

Residents in Multnomah, Washington, Clackamas and Lane counties who own inexpensive manufactured homes may soon get a pass on property taxes. Read article here.

Grover Beach moves to regulate mobile-home park conversions

parkguy1 — Mon, 18 Jan 2010 19:28:26 +0000

Like many areas in OR, WA and CA, Grover City Beach is making a mobile home park conversion more difficult.

“To obtain a conversion permit, a park owner would have to distribute a questionnaire to residents and hire a relocation specialist to help prepare a conversion impact report and help residents find alternate housing.

The park owner would have to hold an informational meeting for park residents, and the Planning Commission would subsequently hold a public hearing on the completed impact report.

If the report is approved by the commission, the owner could have to mitigate the impacts by paying for relocating residents’ mobile homes, paying residents for their coaches or paying the cost of tenancy in a comparable park or other housing or the purchase of a home.

Residents also would be given right of first refusal to move into any housing that replaces the mobile-home park.”

see this article