An Act To Improve The Process For Mobile Home Owners To Purchase Their Mobile Home Park

LD 1067 requires 60% of occupied mobile homes (up from 51%) to provide written support for a group of owners or association to make a purchase offer for their mobile home park. It mandates that any offer include a purchase and sale agreement, and if accepted, the group must secure financing within 90 days. The bill also limits mobile home owners' associations to contacting residents no more than three times about purchasing the park. This directly affects mobile home owners seeking collective ownership of their park in Maine.