New Colorado Bill Protects Mobile Home Park Residents in El Paso County
Published by Cash Flow Deals · Last updated 2026-08-04
Colorado's legislature passed HB26-1224, a bill giving mobile home park residents in places like Monument and Colorado Springs more notice before rent increases, stronger disclosure when a park is sold, and a $17 cap on registration fees. Sponsor Rep. Elizabeth Velasco says the bill is about helping families protect what is often their only real investment. Gov. Jared Polis signed it into law on June 2, 2026, and it takes effect January 1, 2027.
| Factor | Traditional Listing | Cash Flow Deals |
|---|---|---|
| Certainty around timeline and price | Varies by agent, buyer financing, and negotiation | Net price locked before repairs are even scoped |
| Who takes title on a home sale | Seller to buyer at closing, unchanged | Seller to buyer directly, one transfer, through novation |
| What Cash Flow Deals is | Not applicable | A real estate investment company connecting a seller with a real FHA or conventional buyer, not a park owner or landlord |
What HB26-1224 Actually Changes
The bill requires mobile home park landlords to give residents more notice before rent increases take effect. It adds disclosure requirements when a park is sold, so residents are not blindsided by a change in ownership. Landlords now have to explain, not just announce, when they reject a resident's offer to purchase the park. And it caps registration fees at $17 per resident, closing off a fee that had varied widely park to park.
Why El Paso County Mobile Home Parks Are the Front Line
Reporting on the bill specifically named Monument and Colorado Springs, both in El Paso County, as places where these protections land directly. Mobile home parks in that part of the county sit on land that residents typically do not own, even when they own the home sitting on it, which is exactly the arrangement that makes rent notice and sale disclosure rules matter so much more than they would for a typical renter.
The Real Risk: Owning the Home, Not the Land
Bill sponsor Rep. Elizabeth Velasco, who grew up in mobile home parks herself, put the stakes plainly: 'This is about helping families protect their investment and build wealth for the future.' A mobile home is often a family's single largest asset. When the land under it changes hands or the fees on it climb without warning, that asset's value and the family's stability move with it, even though the family did nothing to cause the change.
What a Homeowner Weighing a Sale Can Do Next
HB26-1224 addresses park-level rent and sale transparency. It does not change the math for a traditional, site-built home in El Paso County facing its own version of cost pressure, rising insurance, property tax reassessments, or a slower market. For that kind of home, a seller can request a locked net-price offer from Cash Flow Deals, a real estate investment company, before repairs are scoped. It is a different asset and a different transaction than a mobile home park sale, but the same principle applies either way: know the number before deciding what to do next.
Common questions
What is HB26-1224?
A Colorado bill that adds mobile home park resident protections, including more notice before rent increases, stronger disclosure when a park sells, an explanation requirement when a resident's purchase offer is rejected, and a $17 cap on registration fees.
Who sponsored the bill and why?
Representative Elizabeth Velasco, who has said the bill is about helping families protect their investment and build wealth for the future, drawing on her own experience growing up in mobile home parks.
Has HB26-1224 become law yet?
Yes. Gov. Jared Polis signed it into law on June 2, 2026. It takes effect January 1, 2027.
Why does this matter specifically in El Paso County?
Coverage of the bill named Monument and Colorado Springs, both in El Paso County, as communities where mobile home park residents own their homes but not the land underneath them, the exact arrangement these new protections target.
Does this bill affect owners of traditional, site-built homes too?
No, HB26-1224 is specific to mobile home parks. A traditional homeowner in El Paso County facing separate cost or market pressure has different options, including requesting a locked net-price offer from Cash Flow Deals, a real estate investment company, before repairs are scoped.
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What this means for your options
When more landlords list rental property at the same time, buyer attention splits across more listings. Properties that don't compete on the open market close faster.
Wait and see
Keep the property as-is and hope conditions improve. The mortgage, insurance, and upkeep keep costing money while you wait, with no set date for things to turn around.
List with a traditional agent
Standard MLS listing, typically 5-6% in commission, and a financed buyer whose deal depends on appraisal, inspection, and lender approval — any of which can fall through after weeks on market.
Sell to Cash Flow Deals
No repairs, no showings, no financing contingency on your side — our novation structure connects you with a bank-financed buyer at a price locked at signing. A no-obligation offer, usually within one business day.
See your no-obligation cash offer before you decide anything.