Where can I find more info on the rent credit model?

I just closed on my first park in which all of the homes are park owned. I’d like to use the rent credit model to sell them off but I need some guidance to get started.

  • Is there a resource that breaks everything down in simple terms?
  • I read in another post that I would need separate written agreements for 1) the park lease 2) the rental terms 3) the rent credit terms and 4) the park rules
    Is there anywhere I can acquire templates for these agreements?

Thanks!

The MHU Home Study Course has information and the forms.

Hi @JustinR,

Congrats on your first purchase. We use rent credit on our parks and have the paperwork. You can send me an email Noel(at)Elkhorngroup(dot)org and I will send you over our lease.

I would recommend running it by a state specific lawyer before using the lease but you can do whatever you want with it! Hope all is well. Will

Wow,how helpful.I need to start this process as well.would love to see your lease/ purchase...pryorfarms@aol.com