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. § 1360)
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§ 1360. Stabilization of lot rent
(a) As soon as a declarant gives notice of intent to convert as provided by section 1353
of this subchapter, the lot rents of all leaseholders in the park shall be reduced
to the level in effect three months prior to the notice of intent to convert.
(b) The lot rent charged for sites occupied by leaseholders shall not be increased during
the period beginning with the notice of intent to convert as provided by section 1353
of this subchapter and ending either when the condominium association takes control
of the common areas of the park, or at the expiration of the conversion period as
provided by section 1356 of this subchapter, whichever is later.
(c) Following the period designated in subsection (b) of this section, the annual lot
rent charged for sites occupied by nonpurchasing leaseholders may be increased by
no more than an amount that is equal to the amount of any annual increase in the fees
charged by the condominium association to its members. In no event may the lot rent
charged to nonpurchasing leaseholders be increased more frequently than as provided
for in 10 V.S.A. § 6236. (Added 1993, No. 97, § 1.)