The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Subchapter
003
:
PROTECTION OF TENANTS IN CONVERSION OF MOBILE HOME PARKS
(Cite as: 27 V.S.A. § 1356)
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§ 1356. Leaseholder conversion period
(a) Each leaseholder shall have a conversion period of six months from the date of notice
of conversion to elect to become either a purchasing or a nonpurchasing leaseholder.
(b) During the conversion period, the declarant shall offer to convey each site to the
leaseholder at the price, terms and conditions stated in the notice of conversion.
Unless the leaseholder provides written notice that the leaseholder will not purchase
the site, the declarant may not offer the site for sale to any other person within
the conversion period.
(c) A leaseholder may elect to become a purchasing leaseholder by negotiating a purchase
and sale agreement with the declarant within the conversion period. Such agreement
shall be on terms at least as favorable to the leaseholder as those stated in the
notice of conversion. A leaseholder may assign the purchase and sale agreement to
any site purchaser.
(d) Failure to elect under this section within the conversion period shall be deemed to
be an election to become a nonpurchasing leaseholder. (Added 1993, No. 97, § 1.)