CVR 11-020-001 § 5

5.1 Entrance fees prohibited. No park owner shall charge an entrance fee to a
leaseholder or prospective leaseholder for the privilege of leasing or occupying a mobile
home park lot. Nor may a leaseholder or prospective leaseholder be restricted in his or
her choice of vendors from whom to purchase goods and services. A reasonable charge
for the fair value of services performed in placing a mobile home on a mobile home park
lot shall not be considered an entrance fee, but such charge shall not include upgrading
any mobile home park utilities in order to comply with state or local regulations,
including the Rules for Mobile Home Park Warranty of Habitability, Housing Division
Rules, Part III.

5.2 Site improvement fee. A limited equity housing cooperative organized to
provide low- or moderate-income housing as defined in 11 V.S.A. chapter 14, or a
501(c)(3) organization, as defined under the federal tax code, or its wholly owned
subsidiary, may charge a site improvement fee to the initial leaseholder of an eligible
mobile home lot.

5.3 Security Deposits. A park owner may require a leaseholder to pay a security
deposit, and shall, in such event, include in the lease provisions consistent with this
subsection 5.3 which govern the security deposit. A park owner may be subject to
municipal ordinances with respect to security deposits in addition to the requirements of
the Mobile Home Park Act and these Rules.

5.3.1 The park owner may retain all or a portion of a security deposit for the
following:

(a) Nonpayment of rent;

(b) Damage to the park owner’s property as a result of the act or failure to
act of the leaseholder, except ordinary wear and tear;

(c) Nonpayment of utility or other charges owed to the park owner by the
leaseholder;

(d) Expenses incurred to remove any articles abandoned by the
leaseholder.

5.3.2 The park owner shall, by hand delivery or first class mail to the last known
address of the leaseholder, and within 14 days of the termination or expiration of
the leaseholder’s tenancy, return the security deposit, including any interest
accrued as required by the lease or local ordinance, to the resident less deductions,
if any, along with an itemization of deductions. Failure to do so within 14 days
shall result in a forfeiture of the park owner’s right to retain any portion of the
security deposit. Willful failure to do so within 14 days shall result in liability of
the park owner for double the amount withheld, plus reasonable attorneys’ fees
and costs.

5.3.3 In the event of sale or other transfer of the mobile home park, the park
owner shall transfer all security deposits to the new owner. The new park owner
shall provide each leaseholder notice that it has received transfer of the security
deposit, the amount transferred, and the new park owner’s name and address.