A snowbird senior friend of mine signed on to a Broward county exclusive retirement trailer park deal where seniors would own their trailer but rent the land to a land owner with a HOA arrangement. The owners sold the place.The new owners promptly canceled the HOA arrangement raised the land rental rate $70 to $618 nonthly and eliminated the exclusivity clauses. Is that what this is ?
correction rent the land from the landowner with a HOA attangement.
No, that has nothing to do with having an HOA.
It was a Contract between the Landowner and his Tenants. I would say Lease, but a Lease has a time restriction
I would assume that there an “out” in case the Property was Transferred or Sold. I’m sure there is more to the story. My Land, my Rules.
I’m not big a fan of Rent Control, so I can see the Buyer doing whatever they needed to do to get a profitable return on their Investment.
If you don’t want a Landlord, buy your own Land and House.