Mobilehome parks: sale.

Existing law, the Mobilehome Residence Law, requires the owner of a mobilehome park who lists for sale or offers to sell the mobilehome park to any party to provide written notice of the owner's intention to sell the mobilehome park to a resident organization formed by homeowners for purposes of converting the mobilehome park to condominium or stock cooperative ownership interests and for purchasing the mobilehome park, subject to specified conditions. This bill would repeal those provisions and would instead provide that a resident organization of a mobilehome park has a right of first refusal to purchase a mobilehome park if the mobilehome park owner decides to sell or receives a formal offer from a 3rd party to purchase the park, subject to specified conditions. The bill would prohibit a mobilehome park owner from selling the mobilehome park to a 3rd party if, within 15 days of receiving notification that the owner plans to sell, the resident organization notifies the owner that the resident organization plans to make an offer to purchase the mobilehome park.