AN ACT TO AMEND TITLE 25 OF THE DELAWARE CODE RELATING TO MANUFACTURED HOME TITLE TRANSFERS.

This Substitute differs from the original bill to make changes to reflect discussions among the stakeholders, including:

- Moves the procedure for inspecting a home prior to transfer from the transfer section to the section that governs the rules for standards for retaining a transferred home in a community.

- Creates a 2-step process for the sale or transfer of a home where the homeowner notifies the community owner prior to listing the home, at which time the community owner may conduct an inspection, and a second notification for the sale of the home which triggers the right of first refusal in which the community owner can then purchase the home.

- Significantly reducing the time a buyer has to complete repairs.

- Clarifies that the notice of non-renewal of a lease by a tenant 60 days prior to the end of a lease term is only for moving the home off of the lot, and selling of the home is governed by § 7013.

- Clarifies requirements on lease transfers to heirs and adds limitations for how long the transfers take place depending on whether a previous occupant continues to live in the home after the death of the prior owner.

- Clarifies the portions of the tenancy application that must be completed in different situations when a home is inherited.

- Clarifies how long an estate has until appropriate action has to be taken.

- Removed the requirement that a community owner purchase the home if the buyer’s tenancy application is denied.

- Changes the minimum amount that a community owner must offer to a homeowner to prevent the ability of a lease to be transferred in the future to the greater of $1,500 or 36 months of the difference between the current monthly rent and market monthly rent.

- Adds a requirement that a seller must disclose to a buyer information about the lease transfer and that a community owner must disclose the rental amount to a prospective buyer. - Makes it clear that a homeowner has to comply with § 7013(c) for the lease to transfer.

- Removes a provision in § 7016 that would no longer apply under the changes to § 7013.

- Extends the time that a community owner may purchase the ability to transfer the lease up to the time the homeowner provides notice of intent to sell.