Revises provisions relating to manufactured home parks. (BDR 10-958)

SB 275-82 establishes an annual cap on rent increases for manufactured home parks in Nevada. The Housing Division must calculate and publish a maximum rent increase percentage each year, based on 60% of the May Consumer Price Index (CPI) change for the West Region. This cap applies to month-to-month tenancies (not long-term leases), meaning landlords cannot raise rents above this percentage without an exemption. Landlords may apply for an exemption if operating costs exceed what they'd earn under the cap, requiring proof and a CPA-certified report, but the exemption process is subject to Division approval.