Notice of offer requirements for unsolicited manufactured home park sales modified.

HF 2964 modifies Minnesota's requirements for manufactured home park owners who receive unsolicited offers to sell their park. It specifies that park owners must mail a notice to the Minnesota Housing Finance Agency (MHFA) and all residents, including details about the offer's price range, terms, and a way for resident representatives or nonprofits to submit counteroffers. The bill clarifies park owners aren't obligated to sell to residents or nonprofits and can pursue other buyers without delay. The MHFA must distribute the notice to registered resident representatives and nonprofits within five days and make their contact information publicly available. This bill directly affects manufactured home park owners and residents in Minnesota.