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(1) An owner of a manufactured dwelling park shall give written notice of the owner's interest in selling the park before the owner markets the park for sale or when the owner receives an offer to purchase that the owner intends to consider, whichever occurs first.
(2) The owner shall give the notice required by subsection (1) of this section to:
(a) All tenants of the park; or
(b) A tenants committee, if there is an existing committee of tenants formed for purposes including the purchase of the park and with which the owner has met in the 12-month period immediately before delivery of the notice.
(3) The owner shall also give the notice required by subsection (1) of this section to the Office of Manufactured Dwelling Park Community Relations of the Housing and Community Services Department.
(4) The notice must include the following:
(a) The owner is considering selling the park.
(b) The tenants, through a tenants committee, have an opportunity to compete to purchase the park.
(c) In order to compete to purchase the park, within 10 days after delivery of the notice, the tenants must form or identify a single tenants committee for the purpose of purchasing the park and notify the owner in writing of:
(A) The tenants' interest in competing to purchase the park; and
(B) The name and contact information of the representative of the tenants committee with whom the owner may communicate about the purchase.
(d) The representative of the tenants committee may request financial information described in ORS 90.844 (2) from the owner within the 10-day period.
(e) Information about purchasing a manufactured dwelling park is available from the Office of Manufactured Dwelling Park Community Relations of the Housing and Community Services Department.
Cite this article: FindLaw.com - Oregon Revised Statutes Property Rights and Transactions § 90.842 - last updated January 01, 2018 | https://codes.findlaw.com/or/title-10-property-rights-and-transactions/or-rev-st-sect-90-842/
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