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 | For your Fast Cash Offer or Premium Cash Offer, the number is agreed before any work starts, and it changes only if you agree. The one exception: if something structural surfaces that was not visible or disclosed before we signed — foundation issues, hidden moisture, old wiring, cast-iron drain failure — we re-cost it and bring the number back to you. You decide. You can walk away. We disclose what we know at offer time so this almost never happens. |
| Who takes title on a home sale | Seller to buyer at closing, unchanged | You choose: with the Fast Cash Offer, we buy your house as-is and close; with the Premium Cash Offer, a pre-approved FHA or conventional buyer we already have, ready to go, pays more and buys directly from you, with title transferring once. |
| 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 your traditional, site-built home in El Paso County facing cost pressure, rising insurance, property tax reassessments, or a slower market. For that kind of home, you can compare two offers from Cash Flow Deals, a real estate investment company: the Fast Cash Offer, where we buy your house as-is and close, and the Premium Cash Offer, where a pre-approved FHA or conventional buyer we already have, ready to go, pays more and buys directly from you. You choose. The number is agreed before any work starts, and it changes only if you agree. The one exception: if something structural surfaces that was not visible or disclosed before we signed — foundation issues, hidden moisture, old wiring, cast-iron drain failure — we re-cost it and bring the number back to you. You decide. You can walk away. We disclose what we know at offer time so this almost never happens. We cover repair costs, and we figure out a way, so nothing comes out of your pocket. With Premium, only what the buyer's lender requires gets fixed, with costs fronted and settled from the sale proceeds from our share, not your number; with Fast Cash, we buy as-is without repairs for you to make. If the buyer's loan falls through, that is our problem, not yours, and you can still take the Fast Cash Offer at its own number alongside the Premium Cash Offer choice. Your home sale is a different asset and transaction than a mobile home park sale, but the same principle applies: understand the numbers 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. If you own a traditional home in El Paso County and face separate cost or market pressure, you can compare the Fast Cash Offer and the Premium Cash Offer from Cash Flow Deals, a real estate investment company. With Fast Cash, we buy your house as-is and close. With Premium, a pre-approved FHA or conventional buyer we already have, ready to go, pays more and buys directly from you. You choose. The number is agreed before any work starts, and it changes only if you agree. The one exception: if something structural surfaces that was not visible or disclosed before we signed — foundation issues, hidden moisture, old wiring, cast-iron drain failure — we re-cost it and bring the number back to you. You decide. You can walk away. We disclose what we know at offer time so this almost never happens.
Keep reading
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- Colorado Buyers Growing More Comfortable With Higher Mortgage Rates ›
- Colorado Home Inventory Fills Up During Spring 2026 Buying Season ›
- Colorado Foreclosure Starts Are Climbing in 2026, ATTOM Data Shows ›
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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
Two offers for your house, Fast Cash or Premium Cash, and you choose. Cash: Cash Flow Deals buys the house as-is and closes. Premium: More money. A pre-approved FHA or conventional buyer we already have buys directly from you.
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