Progress
Signed 7/21/14
The General Assembly has ended, the current status is the final status.
Details
4/30/13
AN ACT TO AMEND TITLE 25 OF THE DELAWARE CODE RELATING TO MANUFACTURED HOMES AND MANUFACTURED HOME COMMUNITIES.
This bill amends section 7026 of title 25 regarding a manufactured housing home owners association’s (“HOA”) right of first offer to purchase their manufactured home community. The bill provides that a HOA’s alternative purchase offer will not expire after 12 months and will remain valid unless it is withdrawn by the HOA. The bill further permits a HOA to amend its alternative offer at any time and allows a HOA to match a third party’s lower price offer and all of the material terms and conditions of the lower offer. Finally, the bill provides that if the community owner accepts an offer from a third party that is greater than the alternative price offered by the HOA, the community owner is required to certify that fact in writing to both the HOA and the Consumer Protection Unit.
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Amendments
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Committee Reports
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Roll Calls
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Actions History
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