Bronx New York Lease or Rental of Space in a Mobile Home Park and Lease of Mobile Home with Option to Purchase - Lease or Rent to Own

State:
Multi-State
County:
Bronx
Control #:
US-01882BG
Format:
Word; 
Rich Text
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Description

This form involves the lease of a space in a mobile home park as well as a lease of a mobile home with an option to purchase to mobile home. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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  • Preview Lease or Rental of Space in a Mobile Home Park and Lease of Mobile Home with Option to Purchase - Lease or Rent to Own
  • Preview Lease or Rental of Space in a Mobile Home Park and Lease of Mobile Home with Option to Purchase - Lease or Rent to Own
  • Preview Lease or Rental of Space in a Mobile Home Park and Lease of Mobile Home with Option to Purchase - Lease or Rent to Own
  • Preview Lease or Rental of Space in a Mobile Home Park and Lease of Mobile Home with Option to Purchase - Lease or Rent to Own
  • Preview Lease or Rental of Space in a Mobile Home Park and Lease of Mobile Home with Option to Purchase - Lease or Rent to Own
  • Preview Lease or Rental of Space in a Mobile Home Park and Lease of Mobile Home with Option to Purchase - Lease or Rent to Own
  • Preview Lease or Rental of Space in a Mobile Home Park and Lease of Mobile Home with Option to Purchase - Lease or Rent to Own

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FAQ

Generally, the landlord owns the home and can sell the property any time he/she wants to. The counter right is that that the tenant will have the right to live in the property if there is a new owner for as long as the lease is active.

If you have a fixed term agreement (your lease has not expired and has an end date) the landlord cannot terminate your agreement for the sale. It is your decision if you wish to stay or leave.

Sam Zell's Equity LifeStyle Properties (ELS) is the largest mobile home park owner in America, with controlling interests in nearly 140,000 parks.

Nothing happens. The new owner, as the successor-in-interest to the previous owner, simply becomes the Landlord under the lease for the remainder of the lease term. The lease continues unchanged and uninterrupted.

Millions of Americans live in mobile home parks because they're the most affordable way for them to keep a roof over their heads. But some investors are buying up mobile home parks. They raise fees and rents for the land under these homes and then evict people who can't pay. And the government is helping them do it.

Sam Zell's Equity LifeStyle Properties (ELS) is the largest mobile home park owner in America, with controlling interests in nearly 140,000 parks.

The notice that a landlord needs to give a tenant to move out depends on the reason behind the notice. If this is a simple termination of a lease or rental agreement that does not have a particular reason, such as a violation of the lease, the landlord usually needs to provide at least 30 days' notice.

Nothing happens. The new owner, as the successor-in-interest to the previous owner, simply becomes the Landlord under the lease for the remainder of the lease term. The lease continues unchanged and uninterrupted.

Residents Are Paying a Price. Across the country, corporate landlords are expanding manufactured housing portfolios and driving up rents, pushing longtime residents out.

Term Lease Agreement If you learn about the sale of your rental property, and you still have a few months left on your lease agreement, your new landlord will not be able to kick you out. When a buyer purchases a renter-occupied home, he must agree to take over the lease and honor the terms the tenant signed.

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Bronx New York Lease or Rental of Space in a Mobile Home Park and Lease of Mobile Home with Option to Purchase - Lease or Rent to Own