The intent of this Article is to facilitate resident purchase of mobilehome parks. This Article allows the waiver of certain subdivision requirements and expedites local government processing for mobilehome park conversions to condominiums or stock cooperatives. Such conversions will preserve an important source of affordable housing.
For the purposes of this Article, an application for subdivision shall be considered “resident-initiated” when signed by a resident organization formed by the tenants of the subject mobilehome park for the purpose of purchasing the mobilehome park. The proposed conversion shall be supported by a minimum of two-thirds of the current residents of the park. The resident organization shall have a legally binding contract, which, if the conditions of the contract are met, would result in the acquisition of an interest in the mobilehome park. A preapplication conference may be requested by the applicant(s) prior to formation of the resident organization or prior to entering into a legally binding contract provided the Planning Agency determines in writing that it is reasonable to believe that such contract may be entered into within one year.