7.3. & 7.4. SR 02-18-1997 - Laserfiche WebLink

Home Browse Search

~ ,V~d'~o'FAC'I'UR~D HOMZ PARK LOT RF.h'rALS : 327C.~6 ~ doc~ented cxpe~es relat~g to ~e acquisition ~d improvement of Lhe park prope~; to- ~ ~:/' ge~er ~ith any incre~e in value due to appreciation of the .~ W ~e p~chase a~eement at the oHce s-e '~ ;~ ,~: ........ ~k. ~e pur~h~er must execute , ) ~ rcm ...... ,,~ ~uoo~v;s~on ann pay the cash price ~thin "- 4 . 90 ~ys of the date of the p~chase agreement. The notice must be sent by fi~t cl~s mail lo a '. 1' residentofeach manufac~ed home m ~e ark · · ~.~ date a~xed to ~e not; .... ~ ....... P. · ~e ~otme period begins on ~e os - ~,; ..... . .~ --~ ~,u~ ~o nays after ii be ins. P ~ark ~: . auoa. ~..R~qulr~d ~ng of no,ce. ~ubdiv~sions~ and * apply to manufactured home I p~ upon wmcn not,ce has been filed w~ ~e court recorder · ~ co~ where ~e m~ac~ed home -ar ..... a~- or register of titles ~ ~e p x ~s mcateo. Y p rson may file the notice re- 'quked ~der this sub'vision with ~e co~ recorder o~ is~ ~ 'be ~ ~e follow~g fo~- g ~ of titles. The notice m~t : Subd. 9. Effect ofnoncomp~ance. Ifa manuhcmre ' · , ~ o pmcn~e me B~k as a r~c,,~, ~r,[ .... ~_ . ~ uo not nave ~y continu- ~6 or 7 is subject to section 8.31, except that relief shall be limited so that questions ofm~ket- ...... , oataat ~atc or conversmn. A violation of subdivision ~ ,abiliw of title shall not be affected. -. . Subd. 10. Exclusion. Subdivisio~ 6 and 7 do not apply (I) a conveyance of~ interest in a manufac~ed home p~k incidental to the financing of~e manufac~ed home park; (2) a convey~ce by a mortgagee subsequent to foreclos~e ora mortgage or a deed giv- en ~ lieu ora foreclos~e; or (3) a p~chase ora m~ufac~ed home p~k by a gove~ental entity ~der its power of e~ent doma~. Subd. 11. Affida~t of comp~ance. After a p~k is sold, a park owner or o~er person wi~ personal ~owledge may file an a~davit with the county recorder or regis~ of titles in ~e co~ ~ which the park is lomted cenif~ng compli~ce with subdivision 6 or 7 or that subdivisions 6 and 7 ~e not applicable. The affidavit ~y be used as proof of the facts stated in the,a~davit. A pe~on acqu~ng ~ interest in a ~- neyahopre ~es ' . . . P koratitleins~ncecom , P ' ~shes, °r examines evidence of t,tle may rely on the tmth~72a;;;~ ofstatements made in the affi~vit and is not required to inquire ~her as to the p~k o~mer's compli~ce with subdivisio~ 6 ~d 7. ~en an affi~vit is filed, ~e fight to p~chase pro- vided ~der subdivisio~ 6 and 7 te~ate, and if registered prope~, ~e regis~ ofhtles shall delete ~e memohals of ~e notice and affidavit from ~mre certificates of title. History: 1987 c 179 s JO: J991 c 26 s 327C.096 NOTICE OF S~E. ~en a p~k o~er offers to sell a manufac~ed home park to the public t~ough adver- tis~g in a newspaper or by listing ~e p~k with a rector licensed by the depmment of com- merce, ~e o~er m~t provide conc~ent ~nen notice to a resident of each ~ufacmred home in the park ~at the p~k is being offered for sale. Wfinen notice provided once within a on~ye~ pehod satisfies the requkement ~der this section. The notice prohded by ~e p~k O~er to a resident ofeac~ manufactured home does not ~t ~y prope~ fighB in the p~k ~d is for info~ational pu~oses only. This section does not apply in the c~e ofa ~ng by e~nent do~n, a m~fer by a co¢~mtion to ~ affiliate, a t~fer by a p~ne~p to one