Delaware Statutes

§ 7028 — Right of first offer; notice not required before sale of manufactured home community

Delaware·Title 25·Part Manufactured Home Communities·Ch. 70 Manufactured Homes and Manufactured Home Communities Act·Subch. Right of First Offer

A manufactured home community owner is not required to give notice of or extend a right of first offer to a homeowner association, DMHOA or its successor, or the Authority under the any of the following circumstances:

(1)A bank, mortgage company, or any other mortgagee has foreclosed on the community and the mortgagee is selling the community at a foreclosure sale, or is selling the community after having purchased the community at a foreclosure sale.
(2)The sale, transfer, or conveyance of the community is to a family member of the community owner on the modified Table of Consanguinity under § 7014 of this title or to a trust, the beneficiaries of which are family members of the owner on the modified Table of Consanguinity; or the sale, transfer, or conveyance is to a family member on

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Related

§ 1031
26 U.S.C. § 1031

Legislative History

82 Del. Laws, c. 38, § 32

Nearby Sections

15
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