Manufactured home parks residents' right of first refusal for proposed purchase agreements clarified, and notice requirements for offers to purchase a park removed.

This bill clarifies and strengthens rights for residents of manufactured home parks in Minnesota when a park is being sold. It requires park owners to notify all residents 45 days before selling the park, giving residents a representative the right to match the purchase offer and negotiate terms to keep the park operating as a manufactured housing community. The law also requires the new owner to certify that the park will remain in use for ten years if residents exercise their right to purchase. Several exceptions apply, such as sales to nonprofits, government entities, family members, or affiliates, but these exceptions do not apply if the buyer plans to close or convert the park within a year.