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Posts Tagged ‘binding arbitration’

Delaware General Assembly Passes Rent Justification for Land Lease Communities

June 21st, 2013 Matthew Silver Comments off

Following a story MHProNews last covered June 11, 2013 regarding the rent justification bill in the Delaware General Assembly, lawmakers passed SB 33 but removed the requirement that increases be greater than the average annual increase in the Consumer Price Index (CPI) for the last three years. The Delaware State Housing Authority will still consider the request for a raise in rents if the landlord states it will be used to improve the community. If the residents and owner cannot agree on an increase, the matter will go to non-binding arbitration. Another amendment to the Senate version, as delawarenewszap says, is the arbitrator must submit a written decision within 15 days of the arbitration.

(Photo credit: capegazette/Ron MacArthur–land lease community near Rehoboth Shores, Long Neck, DE)

Senate Modifies Rent Control Bill

June 11th, 2013 Matthew Silver Comments off

According to capegazette.village soup, the Delaware Senate modified the rent justification measure that will limit manufactured housing community owners ability to raise rent, a story MHProNews has been following since March 8, 2013. As originally passed, SB 33 says landlords could increase rents based on a formula tied to the consumer price index (CPI). Anything higher owners would have to justify as contributing to the well being of the community, and be approved by the Delaware Manufactured Home Relocation Authority (DMHRA). The new version states residents and the DMHRA are to be notified of an increase. If the increase exceeds the CPI formula, the authority begins mediation between the owner and the residents. If that fails, the matter goes to non-binding arbitration.

(Photo credit: First State Manufactured Housing Association)