What is what happens when a mobile home park is sold?

When a mobile home park is sold, the new owner takes over the existing contracts with the tenants. The new owner has the right to change the terms of the lease, but must give proper notice to the tenants. The tenants also have the right to continue living in the park as long as they comply with the terms and conditions of their lease. If the new owner plans to make significant changes to the park, such as demolishing homes or increasing rent significantly, they may have to provide additional notice and/or compensation to the tenants. Overall, the sale of a mobile home park can be a stressful time for tenants but they do have legal rights and protections.