Update SB1779
5/21/2021 House Third Reading – Consent Calendar – Passed 111-000-000
5/21/2021 Senate Passed Both Houses
The manufactured home may qualify as real property under the Conveyance and Encumbrance of Manufactured Homes as Real Property and Severance Act; and any other reason that prohibits refinancing.
House Chief House Sponsor Rep. Martin J. Moylan
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Synopsis As Introduced
SB1779
Added Amendment # 3
Amends the Consumer Fraud and Deceptive Business Practices Act. Provides that a lender, or agent of a lending company, when offering terms for a mortgage note for the purchase of a manufactured home, shall disclose: (1) any affiliation between the landlord and the lending company; (2) that the loan is a chattel loan; (3) that the terms of a chattel loan prohibit refinancing; and (4) any other reason that prohibits refinancing. Provides that a violation constitutes an unlawful practice within the meaning of the Act.
SB 1780 !
5/21/2021 House Third Reading – Consent Calendar – First Day
Synopsis As Introduced
Amends the Mobile Home Landlord and Tenant Rights Act. Provides that if exigent circumstances arise, the park owner is responsible for providing a water supply to each household following a 5-day period of no water.
Amends the Mobile Home Landlord and Tenant Rights Act. Provides that if exigent circumstances arise, the park owner is responsible for providing a water supply to each household following a 5-day period of no water.
5 days will be changed to 3 days.