Conn. Gen. Stat. § 21 § 21-70c
Conveyance tax exemption when a mobile manufactured home park is purchased by its residents.
Operative Text
An owner of a mobile manufactured home park that sells, leases or transfers such park to residents of the park in compliance with the requirements of section 21-70b or subsection (f) of section 21-70 shall be exempt from the payment of any state or municipal conveyance tax otherwise due under chapter 223 based on the sale price of the park, provided (1) the entity purchasing the mobile manufactured home park is owned by more than fifty per cent of the residents of the park or an organization to which the rights of the residents have been assigned pursuant to subsection (g) of section 21-70b, and (2) the sale requires the continued maintenance of the property as a mobile manufactured home park. For such a sale, the buyer of the park shall be liable for the municipal portion of the conveyance tax and for fifty per cent of the state portion of such tax, unless the buyer is otherwise exempt by law from such conveyance tax. The transaction shall otherwise be exempt from the balance of such tax.
Under Conn. Gen. Stat. § 21-70c, when a mobile manufactured home park owner sells, leases, or transfers the park to its residents under specified statutory conditions, the owner is relieved of the state and municipal conveyance taxes that would otherwise apply to the transaction. The purchasing entity must be majority-owned (more than 50%) by park residents or a qualifying assigned organization, and the sale must require the property to continue operating as a mobile manufactured home park. In such a qualifying transaction, the buyer takes on responsibility for the municipal portion of the conveyance tax and half of the state portion, unless the buyer qualifies for a separate legal exemption.
Plain English — not legal advice.
Park owners considering a sale, lease, or transfer to residents under Conn. Gen. Stat. § 21-70c generally structure the transaction to comply with the requirements of § 21-70b or § 21-70(f), which are the gateway provisions for the tax exemption. A compliant seller confirms that the purchasing entity is majority-owned by park residents or a properly assigned organization, and that the sale agreement includes a covenant requiring continued use of the property as a mobile manufactured home park. Operators typically work with a real estate attorney familiar with Connecticut conveyance tax rules to document the transaction correctly and confirm which tax obligations shift to the buyer.
General guidance for property managers — not legal advice for your specific situation. Consult an attorney for advice on your case.
Conn. Gen. Stat. § 21-70c creates a meaningful financial incentive for resident groups seeking to collectively purchase their mobile manufactured home park, because the selling owner is largely relieved of conveyance taxes when the statutory conditions are met. Residents who organize a qualifying purchasing entity—one owned by more than half of the park's residents or a properly assigned organization—may find that the overall cost of the transaction is reduced compared to a standard sale. Tenant-rights organizations and legal aid groups familiar with Connecticut manufactured housing law can help residents understand the procedural requirements under § 21-70b and § 21-70 that must be satisfied to trigger this exemption.
General guidance for tenants — not legal advice for your specific situation. Consult a tenant-rights organization or attorney for advice on your case.
Generated September 17, 2026 — auto-generated, not yet human-reviewed. See /transparency for methodology.
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