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<section article="grp" article_name="Real Property" number="8A-1802" title_number="8A" title_name="Mobile Home Parks" subtitle_number="18" subtitle_name="Sale of Manufactured Housing Communities">
  <level label="a">
    <text>The requirements of this subtitle apply separately to each substantially different offer to sell or to purchase a manufactured housing community.</text>
  </level>
  <level label="b">
    <text>This subtitle does not apply to the potential sale of a manufactured housing community if:</text>
    <level label="1">
      <text>A mortgagee, grantee, or other secured party has foreclosed on the manufactured housing community and the mortgagee, grantee, or secured party is selling the manufactured housing community:</text>
      <level label="i">
        <text>At a foreclosure sale; or</text>
      </level>
      <level label="ii">
        <text>After purchasing the manufactured housing community at a foreclosure sale;</text>
      </level>
    </level>
    <level label="2">
      <text>The community owner is selling the manufactured housing community to:</text>
      <level label="i">
        <text>A family member of the community owner; or</text>
      </level>
      <level label="ii">
        <text>A trust whose beneficiaries are family members of the community owner;</text>
      </level>
    </level>
    <level label="3">
      <text>The community owner is a partnership, limited liability company, or similar business entity and the sale is to one or more of the partners or members of the business entity;</text>
    </level>
    <level label="4">
      <text>The conveyance of an interest in the manufactured housing community is incidental to the financing of the manufactured housing community;</text>
    </level>
    <level label="5">
      <text>The sale of the manufactured housing community is between joint tenants or tenants in common;</text>
    </level>
    <level label="6">
      <text>The sale of the manufactured housing community is a result of the exercise of the power of eminent domain;</text>
    </level>
    <level label="7">
      <text>The sale of the manufactured housing community involves a merger, recapitalization, or similar transaction where:</text>
      <level label="i">
        <text>At least one community owner prior to the transaction remains a community owner after the transaction; and</text>
      </level>
      <level label="ii">
        <text>The community owner files an affidavit, recorded in the land records in the county in which the property is located, affirming that the community owner will allow continued use of the land as a manufactured housing community for at least 6 months after the date the transaction is finalized; or</text>
      </level>
    </level>
    <level label="8">
      <text>The sale of the manufactured housing community involves:</text>
      <level label="i">
        <text>A like–kind exchange; or</text>
      </level>
      <level label="ii">
        <text>A sale of more than one home in the community to a single purchaser.</text>
      </level>
    </level>
  </level>
</section>
