OAR 813-009-0005
Definitions
(1)
“Act” means ORS 456.515 (Definitions for ORS 456.515 to 456.725 and ORS chapter 458) through 456.725 (Discrimination against purchaser with children prohibited), and, where applicable, ORS 90.800 (Policy) through 90.840 (Park purchase funds, loans).(2)
“Facility Purchase Association” means a group of three or more tenants who reside in a Manufactured Dwelling Park and have organized for the purpose of the eventual purchase of the Park.(3)
“Initial Costs” means costs incurred in the purchase of the Park by the residents. Such costs may include, but are not limited to:(a)
Legal fees;(b)
Appraisal fees;(c)
Engineering fees;(d)
Professional fees associated with Park evaluation and management; and(e)
Other costs or fees approved by the Department.(4)
“Manufactured Dwelling Park” or “Park” means a facility for the location and use of manufactured housing, as the term “manufactured housing” is used in ORS 456.615, whether the facility is characterized as a “Mobile Home Park” or a “Manufactured Dwelling Park”.(5)
“Manufactured Dwelling Park Purchase Program” or “Program” means the process by which the Department makes discretionary loans from the Park Purchase Account pursuant to the Act and these rules.(6)
“Park Purchase Account” means the Mobile Home Parks Purchase Account established under ORS 456.579 (Manufactured Dwelling Parks Account) for the purpose of providing technical assistance related to, and loans to pay Initial Costs for, purchasing Manufactured Dwelling Parks.(7)
“Qualified Facility Purchase Association” means a Facility Purchase Association that:(a)
Is established pursuant to ORS 90.815;(b)
Includes more than 50 percent of the tenants residing in the Park; and(c)
Demonstrates, to the satisfaction of the Department, that the Park purchase by the association is econmically feasible.
Source:
Rule 813-009-0005 — Definitions, https://secure.sos.state.or.us/oard/view.action?ruleNumber=813-009-0005
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