Colorado park sale — resident rights
Colorado gives residents an opportunity to compete to buy when a manufactured home park is sold. This page is the resident side of that law: what triggers it, who must be told, the exact clocks, and how a purchase actually gets organized — computed from the national survey of state purchase laws and the statute it cites.
Trigger: A triggering event showing intent to sell — including listing the park, signing a listing or conditional agreement, conditional acceptance of an offer, accepting earnest money or a deposit, or specified foreclosure/levy notices. Owner must give notice within 14 days of the event
Who must be told: Each homeowner; the municipality (or county if unincorporated); the Division of Housing in the Department of Local Affairs; and each homeowners' or residents' association representing residents
Who can act: Homeowners acting together with at least 51% approval, or their assignee: a local government, tribal government, housing authority, nonprofit with housing expertise, or the state or a state agency
Households needed: about 51% — see who can act, below, for the exact form it takes.
| Step | Clock | What the statute says |
|---|---|---|
| make your offer — send the owner a proposed purchase and sale agreement and get a financing commitment, or assign your purchase right to a public or nonprofit buyer | 120 days from the owner’s notice | 120 days from the owner's notice. The owner must provide documents and information on reasonable request and negotiate in good faith. |
| get financing and close | 240 days from the owner’s notice | An additional 120 days to close after the agreement/financing step. |
get at least 51% of homeowners to approve buying: no fixed day count in the statute — 51% approval is required before the purchase opportunity can be exercised.
Total window on the main track: 240 days.
Date these deadlines from your notice →
Assigning the right: Residents may assign the purchase right — typically to a local government, housing authority, or nonprofit that will keep the park a park.
No resident right of first refusal, but if residents assign their purchase rights to a public entity, that entity has a right of first refusal. Owner may not solicit decline-to-participate signatures during the first 90 days after notice. Note: Colorado amended this law in 2026 (H.B. 26-1224), effective Jan. 1, 2027; the NCLC Compendium states it will update after that date — clocks here are the law as summarized in Sept 2026.
Park sold or closing anywhere else? The Park-Sold Deadline Checker covers all 22 purchase-law states, and the guides hub links every state's park-law and title pages.
See the $39 Manufactured Home Playbook
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Rule: Colo. Rev. Stat. § 38-12-217. Source: National Consumer Law Center, Summary of State Manufactured Home Community Purchase Laws (September 2026).
Verified October 2026. State data verified October 2026 — re-checked quarterly.
General information about how the process works in your state — not legal advice. For a contested eviction, a park-sale fight, or a title dispute with a lienholder, a local attorney or legal-aid office is the next step.