Manufactured/mobile home communities—Affidavit for notice of opportunity to compete to purchase—Preserve marketability of title.
(1) An owner may record an affidavit in the county in which the manufactured/mobile home community is located that certifies that the owner has:
(a) Complied with the requirements of RCW 59.20.325 and 59.20.330 with reference to an offer received by the owner for the purchase or transfer of the manufactured/mobile home community or to a counteroffer the owner has made or intends to make;
(b) Not entered into a contract for the sale or transfer of the manufactured/mobile home community to an entity formed by or associated with the tenants.
(2) The following parties have an absolute right to rely on the truth and accuracy of all statements appearing in the affidavit and are not obligated to inquire further as to any matter or fact relating to the owner's compliance with RCW 59.20.325 and 59.20.330:
(a) A party that acquires an interest in a manufactured/mobile home community;
(b) A title insurance company or an attorney that prepares, furnishes, or examines evidence of title.
(3) The purpose and intention of this section is to preserve the marketability of title to manufactured/mobile home communities across the state. Accordingly, this section must be liberally construed so that all persons may rely on the record title to manufactured/mobile home communities.
[ 2023 c 40 s 12.]
NOTES:
Findings—Intent—2023 c 40: See note following RCW 59.20.030.