California Codes, Civil Code - CIV, Division 2 — Property, Part 2 — Real or Immovable Property, Title 2 — Estates in Real Property, Chapter 2.7 — Floating Home Residency Law, Article 10 — Cooperatives and Condominiums, Section 800.304

The ownership or management may require the right to prior approval of the purchaser of a floating home that will remain in the cooperative or condominium for floating homes and that the selling resident or his or her agent give notice of the sale to the ownership or management before the close of the sale. Approval cannot be withheld if the purchaser has the financial ability to pay the fees and charges of the cooperative or condominium unless the ownership or management reasonably determines that, based on the purchaser’s prior residences, he or she will not comply with the rules and regulations of the cooperative or condominium.

Notes

Allows ownership or management of a floating-home cooperative or condominium to require prior approval of a purchaser whose home will remain there and sale notice before closing. Approval cannot be withheld from a purchaser financially able to pay fees and charges unless prior residences reasonably indicate the purchaser will not comply with cooperative or condominium rules.

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