A new law providing expanded protections for mobile-home owners — but not the key rent stabilization provision that supporters and some legislators had sought — goes into effect Oct. 1.
As out-of-state owners took control of more parks, rents increased and the parks became less affordable for their residents, who own the homes in which they lived but not the property beneath them.
The law builds on previous mobile home legislation and gives tenants 180 days — up from 90 — to buy the parks from landlords looking to sell the land, as well as a right of first refusal. If landlords don’t maintain their park, they will also be responsible for resulting damage caused to homes, and they’re required to meet with tenants twice per year at residents’ request.
The law will also give the attorney general the ability to enforce protections, and regulators can take immediate action if there’s an imminent threat to residents.found that 75% of mobile home residents’ complaints were unresolved and that most residents weren’t even aware of a oversight program that had been established a year earlier to protect them.
But what the law won’t have is a key provision that would’ve put Colorado at the forefront of mobile home protection: rent stabilization. Initially, the bill would’ve capped how much landlords could raise the rent in any 12-month period. But a frustrated Boesenecker removed the provision in April
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