The process of converting a manufactured housing park to a resident owned community is complex and it is recommended that you work with an attorney and real estate professional throughout the process. The tools and templates provided below are for general use and are not tailored to the specifics of your park and should be used in conjunction with guidance from your attorney and/or real estate consultant.

Articles of Incorporation Template

By-Laws Template

Readiness Assessment – This assessment will provide you with a general sense of how ready your park is for conversion to resident ownership

Development Budget Template - This is provided as a guide in estimating the amount of a mortgage that your park can support based on the rents and operating expenses. This is a guide and estimate only and does not guarantee financing. It is recommended that you contact READS for guidance.

Operating Budget Template – This is a general operating budget template and is intended as a guide in developing an operating budget specific to your park.

CO-OP NJ Brochure