New Hampshire Lease or Rental of Space in a Mobile Home Park

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A mobile home can be defined as a movable or portable dwelling that is built upon a chassis, is connected to utilities and is designed without a permanent foundation. Such a dwelling is normally intended for year-round use.


Mobile home parks is land that is leased out to mobile home owners. Some allow renters to lease a lot to house their mobile home, and some provide a lot with a mobile home attached. This form is for the lease of space in the mobile home park and the lease of the mobile home.



In New Hampshire, the Lease or Rental of Space in a Mobile Home Park refers to the contractual agreement between a mobile homeowner and a mobile home park owner or operator. This lease outlines the terms and conditions for renting or leasing a designated space within the mobile home park for the placement of a mobile home. The New Hampshire Lease or Rental of Space in a Mobile Home Park covers various essential aspects of the agreement, such as the duration of the lease, rental payments, responsibilities of both parties, and the rules and regulations that govern the mobile home park. It typically contains clauses related to: 1. Lease term: The lease specifies the duration of the agreement, whether it is a fixed-term lease, month-to-month, or annual. 2. Rental payments: The lease outlines the amount of rent due, the method of payment, and the frequency of rent increases, if any. 3. Utilities: It defines the responsibility for paying utilities, such as water, electricity, gas, or garbage collection. 4. Maintenance and repairs: The lease outlines the responsibilities of the mobile homeowner and the mobile home park owner/operator regarding maintenance and repairs of the rented space and the mobile home. 5. Mobile home park rules and regulations: It includes a detailed description of the mobile home park's rules and regulations, covering topics such as noise levels, pet policies, parking restrictions, and use of common areas. 6. Restrictions and modifications: The lease may specify restrictions on making alterations or modifications to the mobile home or the rented space without prior consent from the park owner or operator. 7. Termination and eviction: It delineates the conditions under which the lease can be terminated, such as non-payment of rent or violation of park rules, and the procedures for eviction. 8. Additional charges: It details any additional charges or fees, such as late payment fees, administrative fees, or charges for amenities provided by the park (e.g., clubhouse, swimming pool). Different types or variations of the New Hampshire Lease or Rental of Space in a Mobile Home Park may include: 1. Fixed-term lease: A lease agreement with a specified start and end date, typically for an extended period, such as one or two years. 2. Month-to-month lease: A more flexible agreement without a fixed end date, allowing either party to terminate the lease with proper notice, usually 30 days. 3. Annual lease: A lease agreement with a duration of one year, renewable upon mutual agreement by both parties. These variations offer different levels of commitment and flexibility to mobile homeowners based on their individual needs and preferences. Overall, the New Hampshire Lease or Rental of Space in a Mobile Home Park serves as a legally binding agreement that protects the rights and responsibilities of both the mobile homeowner and the mobile home park owner or operator, ensuring a fair and harmonious living environment within the park.

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FAQ

Most New Hampshire renters could not be evicted during the emergency period. Evictions have now resumed and landlords can enforce evictions against renters once again. If you receive a notice to quit from your landlord, or an eviction lawsuit, reach out for legal help.

The typical expense ratio for mobile home parks is 30% to 40% of the gross revenue. Since mobile home park owners are typically renting land, they do not have to budget for repairs, maintenance. There's also less worry about capital improvements that are required for other property types such as apartments, etc.

What is the maximum deposit a landlord can require? A landlord cannot require you to pay a security deposit greater than one month's rent or $100, whichever amount is larger. If your landlord demands first and last month's rent, plus a security deposit, this may be a violation of the law.

The cap rate formula divides the net operating income (NOI) that a property generates before debt service (P&I) by the property value or asking price: Cap Rate = NOI / Property Value.

Overview. Landlords are allowed to collect the first and last month's rent, a security deposit equal to one month's rent and money for the purchase and installation costs for a lock and key.

While mobile home park buyers know that the typical operating expense ratio runs 30% to 40%, there's no question that those seller numbers reflecting 15% to 20% are not accurate.

It is against the law RSA 540-A for a landlord to:Enter your residence without permission, except to make emergency repairs. (You should not refuse your landlord's reasonable request to enter with enough notice); Take any other action to force you out of your home without going through the eviction process.

Security Deposit or Last Month's Rent? If the deposit is considered last month's rent, then that's all it can be used for by the landlord. That money cannot be used to pay for damages caused by the tenant or to clean the apartment after the tenant moves out.

You can take the actual number of spaces in the park and multiply this by the actual rents being charged and subtract out a reasonable allowance for collections and you should be able to come up with a good estimate of the income. I usually use 2-3% as the collections expense.

My understanding of PA landlord/tenant laws is the landlord can ask for 1st month's, last month's rent and a security deposit equal to one month's rent as move-in costs but after 12 months the landlord has to credit the tenant last month's rent regardless if the tenant stays or goes.

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I live in a mobile/manufactured home and rent the land I'm on. Can I apply for the NH Emergency Rental Assistance Program? Yes. The lot rent ...8 pages ? I live in a mobile/manufactured home and rent the land I'm on. Can I apply for the NH Emergency Rental Assistance Program? Yes. The lot rent ... In any event, stories of rent gouging and abrupt evictions are common in manufactured-home parks all across the nation.All mobile home parks must comply with the minimum New Hampshire State Department offor the rental or lease of a space within a mobile home park. Results 1 - 40 of 209 ? Delivering & set up to New Hampshire, Massachusetts, Maine, Vermont,Similar searches "4 bedroom mobile homes For rent": For rent 1 ... If you default on the land rent payments for your manufactured home site,home owner who rents a space or site in a licensed manufactured home park can ... It is always recommended to keep a file of letters, notices and ruleIf a mobile home park tenant has a month-to-month lease, the rent can be increased. Mobile home parking spot for rent $299 Call us or message us for more informationor use the following online form: 2022-3-29 · New Hampshire Mobile ... Find New and Used Mobile Homes in Michigan. There are currently 1608 new and used mobile homes listed on MHVillage for sale or rent in Michigan. No information is available for this page. 6 days ago ? Please fill in all the required spaces.Tenants say new mobile home park owners doubled lot rent, many now leaving homes behind.

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New Hampshire Lease or Rental of Space in a Mobile Home Park