Is the park owner required to state the reason for increasing the lot rental amount on the notice?
No. However, when a duly formed committee of not more than 5 meet with the park owner, the park owner shall in good faith disclose and explain all material factors resulting in the decision to increase the lot rental amount. If the lot rental amount is based on comparable parks, the park owner must disclose, and provide in writing to the committee the name, address, lot rental amount, and any other relevant factors relied upon by the park owner concerning the comparable parks.
