I have spent a fortune doing up my park home, how much commission is the park owner entitled to?
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Tuesday, 2 June 2009
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Kathleen Retourne
Ten years ago, I bought my park home from the site owner for £10,000. It was so cheap because it was in such an appalling condition. In fact, it was not suitable to live in. Since then, I have put a lot of time and effort into renovating it. This included a new roof, plus a new bathroom, kitchen and central heating fitted and all the flooring and walls have been replaced, too. Altogether, I have spent £40,000 on my home.
When I eventually sell my home, do I have to give the site owner 10 per cent of the £10,000 that I paid for it? Or, do I have to give him ten per cent of the money I have spent on it as well?
When a mobile home is sold, assuming you live on a permanent residential site, the site owner is entitled to up to 10 per cent commission of the price the home is sold for.
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