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The Delaware Manufactured Home Relocation Authority

ABOUT THE AUTHORITY


Due to recent changes in the law governing manufactured home land lease communities per 25 Del Code Chapter 70, known as the Manufactured Home Owners and Community Owners Act, community owners and operators are now required to submit a special assessment for the sole purpose of assisting residents and community owners when a change in the use of the land requires termination of the existing rental agreement. This law requires a $3.00 per month assessment per leased lot be submitted to the Delaware Division of Revenue on a quarterly basis, to be held in trust as the Delaware Manufactured Home Relocation Trust Fund.

The Trust Fund is administered by the non-profit Delaware Manufactured Home Relocation Authority, which is comprised of a non-compensated Board of Directors appointed by the Governor from among community owners and residents. Additionally, the Trust Fund is to be used solely for the purposes as set forth in the Manufactured Home Owners and Community Owners Act and must be fiscally revenue-neutral.

Last Updated: Tuesday, 20-Feb-2007 12:21:01 EST
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