This form is an agreement for the lease of a mobile home park. It grants the possession and use of land to another in return for rent. All terms and conditions must be agreed upon and enforced for the term of the lease. This form is available in Word and Wordperfect formats.
Mobile Home Lot Rent Agreement Without
Category:
State:
Alabama
Control #:
AL-009-05-CP
Format:
Word;
Rich Text
Instant download
Description
Free preview
How to fill out Alabama Mobile Home Park Lease Agreement?
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FAQ
In California, mobile homes are regulated by the Mobilehome Residency Law (MRL). Like other laws, the MRL is enforced by civil courts. If a park owner wishes to evict you from a mobile home park for nonpayment of rent or violating park rules, they must utilize the court.
Renting mobile homes can be profitable for those who are willing to take some risk. Dedicate some time researching companies, talking to other investors, and working with your accountant before investing in one. If you plan to invest in real estate, starting with mobile homes might be a good idea.
(1) The homeowner is unable to rent or lease the mobilehome because the owner or management of the mobilehome park in which the mobilehome is located does not permit, or the rental agreement limits or prohibits, the assignment of the mobilehome or the subletting of the park space.
A disadvantage of buying a mobile home is that its value will depreciate quickly. Like a new car, once a mobile home leaves the factory, it quickly drops in value. Stick-built homes, on the other hand, normally appreciate in value over time because the stick-built home owner almost always owns the underlying land.
Rent Increases A.R.S. §§ 33-1413(G) and (I); 33-1432(F). (2) If the park increases the rent in any 12-month period by more than 10% plus the most recent one-year increase in the CPI, the tenant is eligible for assistance from the Mobile Home Relocation Fund.