SELLING YOUR HOME
As the homeowner, you are the initial liaison between buyers/real estate agents and the park office. It is your job to inform your real estate agent and/or all prospective buyers of the requirement of membership acceptance, the process, the time frame involved, and any special conditions that may apply.
Here is where the process begins:
The homeowner must give written notice to the board of Directors of his/her intent
to sell the home at least 30 days’ prior, with the following information included:
The date you wish to move by.
Real estate agent’s name and contact information. (if you are selling
the home yourself or going through an independent agency, please include
the selling price on the home, and if it is to be sold in place)
If you are transferring your home and membership to a relative, you will
need park approval. Please provide his/her name, current address and
phone number.
If you have an offer on your home already, please provide the prospective
buyer’s name, address and phone number. Any new co-op member must
be approved by the Board and will have to complete a “Request for Park
Approval.”
Other things to keep in mind when selling your mobile home:
Fuel storage tanks must be upgraded to meet state law, in some cases BEFORE ownership changes. Please consult state law for requirements.
Pro-ration of lot rent must occur between the seller and buyer. No credit for any portion of lot rent will be given by the GETC to either party.
All GETC requirements and local ordinances regarding “For Sale” signage must be adhered to. Check the Community Rules for clarification.
The homeowner is responsible for continued maintenance of the lot and preparation for the change in ownership. The lot must be left neat and clean. Any failure may result in the GETC holding back part of all of the seller’s Membership fee.
If the homeowner vacates the home during the sale process, he or she is still fully responsible for all upkeep and lot rent.
The Board of Directors has the right to purchase your membership interest and approve, or not approve, any new members, consistent with the By-Laws and RSA 301-A:12. The Board has 60 days to purchase your membership interest, and find a suitable buyer for your home. If the Board cannot find an approved buyer/new member, then you may dispose of it elsewhere, subject to Board approval.
If the buyer is not approved, they may appeal to the members at the next regular or special meeting, and the action of that meeting shall be final. If the buyer is not approved by the membership, the Board must purchase your membership, as long as such purchase does not jeopardize the solvency of the cooperative, and a satisfactory buyer must be found to purchase your home and membership interest.
The sale transaction is not complete until the buyer’s Membership fee is paid in full to the GETC and verified, a new Occupancy Agreement is fully executed, and the transfer of the deed is signed by the co-op in addition to any required local and state paperwork that must be signed by the GETC. Only then may the new homeowner take full possession of the dwelling and move in.
Under no circumstances may the new owner move any property into the home or onto the lot until the sale is complete. This includes resolving any issues between the GETC and the previous homeowner.
The GETC does not involve itself with negotiations of the sale of the home, except as it may directly affect the GETC.
The homeowner must inform their real estate agent and any prospective buyers to contact the office at (603)878-2867 or email admin@getc.homes to obtain a Membership Application Packet.