Skip to main content

MHCO Article Topics

MHCO

Accepting Rent from A Resident In Default

Property Management
MHCO

Rule 1. Do not accept rent if you know that the tenant is in violation of the Park Rules and you intend to issue a 30-day notice of default. Example: If the tenant has an unpermitted pet or has someone living with him/her who has not applied for residency as a tenant do not accept rent if you are planning to give the tenant a 30-day notice of default.

Phil Querin Q&A: Married Resident's Divorce - What Happens to Rental Agreement, Deposits ....

Phil Querin Questions & Answers
Phil Querin

Answer: First, please understand that Oregon law does not directly deal with this - and neither is it addressed in most rental/lease agreements, including MHCO's. So my responses are based upon my opinion alone. Until an appellate court rules on these issues - which is unlikely, since most such cases are never appealed - the best we can do is speculate.

Working with Residents' in Disaster Preparedness

Property Management
MHCO

Generally speaking, this committee should consist of :

 

  • Chairperson
  • Training Coordinator
  • Communications Coordinator
  • Emergency supplies manager
  • Residents with knowledge or experience in financial, insurance and legal issues

 

 

Revised Form 1 and New Form 1A - Compliant With New HUD Ruling on Criminal Background Checks

Community Update
Chuck Carpenter

MHCO has uploaded a revised Form 1 (Resident Application) and a completely new Form 1A. MHCO created the additional form (Form 1A) to accompany the general application (Form 1) to be used if the applicant reports any criminal history. These changes will go a long way in complying with the HUD memo, without unduly burdening landlords and managers.

Community Financing: Interest Rates Still Near Historic Lows, Despite Volatile Markets

Property Management
MHCO

The marketplace for income property financing has benefited greatly from shifts in the economy. Volatility forces commercial lenders to gravitate towards lower risk, stable, income-producing real estate. Manufactured home communities are increasingly high on their lists, since the cash flow is consistent and demand for affordable housing is strong.

Community Financing: Interest Rates Still Near Historic Lows, Despite Volatile Markets

Property Management
MHCO

The marketplace for income property financing has benefited greatly from shifts in the economy. Volatility forces commercial lenders to gravitate towards lower risk, stable, income-producing real estate. Manufactured home communities are increasingly high on their lists, since the cash flow is consistent and demand for affordable housing is strong.

Phil Querin Q&A: Sub Lease Occupant and Eviction

Phil Querin Questions & Answers
Phil Querin

Answer: This fact pattern should be a cautionary tale for all park owners and managers about the risk of letting too much time elapse between the violation and legal action. In order to fully answer the question, I need to assume certain facts. First, I assume that the rules clearly do not permit one to occupy a home without management approval.