The Manufactured Housing Forums

Ran across the term "condominium park" the other day.

Can you expand on this? What would be involved in converting an existing space rental only park to such a structure?

Would appear to benefit existing tenants and increase the value of their homes.

Thanks for your time

Wiguel

The Florida State ROC Network Represents over 34 resident-owned manufactured housing communities on the Florida Suncoast, including St. Petersburg, Clearwater and Pinellas County. Manufactured Resident home communities are incorporated in three ways: Condominiums Each home is on a deeded lot and the common area expenses are shared and managed by a board of directors elected by the home owners. Governed by State Statute #718. Cooperatives A cooperative Corporation owns and manages the land (common Property) and leases Lots to the homeowner. The lease, as defined by the courts of the State of Florida is a defacto deed, Each homeowner is issued a share in the corporation, elects a board of directors and shares in the expenses of the common areas. Governed by Florida State Statute 719. Sub-divisions Similar to a condominium but organized under Florida State Statutes #720. Click Here for a listing of member communities