Avoiding Common Mistakes That Have a Big Effect On a Mobile Home Park's Cash Flow
Mistake #1: Rent increases
Mistake #1: Rent increases
Last night the Oregon Senate passed HB 4143 the Tenant Protection" bill. The bill is now on its way to Oregon Governor Kate Brown.
'The Oregonian' reports -
"... the 16-9 vote came late Wednesday
Those of us that have been associated with this housing form for a length of time have watched and embraced the evolution from trailer to mobilehome to manufactured housing. We are sometimes less passionate about recognizing the evolution from trailer park to today's communities. The key word is community.
Answer: I assume you are referring to a sale where you carry back the security obligation (as opposed to the buyer paying cash or securing third party financing).[1] In this respect, you are correct, subject to several limitations.
Since the last MHCO Legislative Update" last week there has been significant progress in moving the "inclusionary zoning" bill (SB 1533) and the "tenant protection" bill (HB 4143).
Good morning. This has been a very busy week in the Oregon Legislature as we head into the home stretch of the 2016 Oregon Legislative Session.
Answer: One of the most common types of residential eviction is also the most misunderstood - the nonpayment of rent eviction. A good tenant's attorney can frequently retain possession for his/her client, even though they clearly failed to pay the rent when due.
Answer: So long as the park reasonably believes under all the circumstances that the tenant has left behind the RV with no intention of asserting any further claim to it, the park does not need to file an eviction action. Instead, the park can treat the RV as abandoned property and issue an abandoned property notice.
We are now approaching the halfway point in the 2016 Oregon Legislative Session. We are starting to get a much better sense of what legislative proposals are moving forward and which ones will likely remain in committees and not see the light of day until perhaps the next legislative session in 2017.