§ 7051. Rent increase; notice.
§ 7051. Rent increase; notice. (a) A community owner may not increase a tenant’s lot rent more than once during any 12-month period, regardless of the term of the tenancy or the term of the rental agreement. (b) A community owner may only increase rent if the rent increase complies with all of the following: […]
§ 7101. Purpose of chapter.
§ 7101. Purpose of chapter. This chapter provides a procedure for the orderly transition of a manufactured home community from single-unit rental to multiple-unit usage as a manufactured home condominium or cooperative community. 64 Del. Laws, c. 14, § 2; 74 Del. Laws, c. 35, § 6;
§ 7029. Right of first offer; response required by homeowner association.
§ 7029. Right of first offer; response required by homeowner association. (a) A homeowner association must respond in writing to the notice of a right of first offer and send the response by overnight service with signature receipt to the community owner or the community owner’s agent or attorney within 30 calendar days from the […]
§ 7030. Right of first offer; offer of an alternative price.
§ 7030. Right of first offer; offer of an alternative price. (a) An alternative offer of price for the sale, transfer, or conveyance of the community from the homeowner association remains valid for 6 months, unless withdrawn by the homeowner association in writing and sent to the community owner by overnight service with signature receipt. […]
§ 7031. Right of first offer; sale to a third party at a lower price.
§ 7031. Right of first offer; sale to a third party at a lower price. (a) The community owner may not sell the community to a third party at or less than the price offered in the alternative offer from the homeowner association unless 1 of the following occur: (1) The offer is withdrawn under […]
§ 7032. Right of first offer; sale to a third party at a higher price.
§ 7032. Right of first offer; sale to a third party at a higher price. (a) The community owner may accept an offer from a third party higher than the alternative price, if any, offered by the homeowner association without further obligation to the homeowner association unless there are significant or material changes in terms […]
§ 7033. Right of first offer; contract of sale.
§ 7033. Right of first offer; contract of sale. (a) If a homeowner association responds to the notice of right of first offer under § 7029 of this title, or if the community owner agrees to sell the community to the homeowner association under § 7030 of this title, the homeowner association has an additional […]
§ 7034. Right of first offer; failure to complete sale.
§ 7034. Right of first offer; failure to complete sale. If, for any reason except default by the community owner, the homeowner association and the community owner do not complete the sale within the 90-day period under § 7033(c) of this title before the expiration of the extension period agreed to by the parties under […]
§ 7035. Right of first offer; auction.
§ 7035. Right of first offer; auction. (a) If the Authority has sent the required annual notice to a community owner and the community owner then decides to sell, transfer, or convey all or part of the manufactured home community at auction, the community owner shall notify the homeowner association directly of its intention if […]
§ 7036. Right of first offer; affidavit of compliance.
§ 7036. Right of first offer; affidavit of compliance. Affidavit of compliance with the requirements of this subchapter. (1) A community owner may, if appropriate under the circumstances, record in the Registry of Deeds of the county in which the community is located an affidavit in which the community owner certifies to 1 of the […]