Here’s installment #3 in the Legislative Action Committee’s series of multiple-choice quizzes to test your knowledge about your rights:
Question: Where can you find your legal rights as a floating homeowner in Marin?
- Sausalito Municipal Code
- Marin County Code
- California Tenant Protection Act
- Floating Home Residency Law
Look for the correct answer next week.
Last Week’s Question:
You’re selling your home and you and the buyers have agreed on a price and conditions. The buyers need financing to complete the deal. Your marina offers the buyer a one-year lease. Can they get a ten-year (or longer) loan?
Answer 2: The Floating Home Residency Law states: “A homeowner shall be offered a rental agreement for (1) a term of 12 months, (2) a lesser period as mutually agreed upon by both the homeowner and the management, (3) a longer period as mutually agreed to secure financing from a conventional lending institution.” Calif. Civil Code 800.23.