Pink Hill, NC asked in Real Estate Law for North Carolina

Q: Can you sale a mobile park without letting tenants know that is for sale it is sold,

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2 Lawyer Answers
Rachel Lea Hunter
Rachel Lea Hunter
Answered
  • Cary, NC
  • Licensed in North Carolina

A: The tenants of the mobile home park usually get notified after the sale occurs so that they can remit their lot rent to the new owner. Why would the tenants need to know before the sale and why is it any of their concern? The new mobile home park owner has to honor any existing leases.

Rachel Lea Hunter
Rachel Lea Hunter
Answered
  • Cary, NC
  • Licensed in North Carolina

A: The tenants of the mobile home park usually get notified after the sale occurs so that they can remit their lot rent to the new owner. Why would the tenants need to know before the sale and why is it any of their concern? The new mobile home park owner has to honor any existing leases.

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