Wisconsin judge overturns restrictive covenant
Article Abstract:
Circuit Court Judge Bruce Schmidt in Winnebago County in Wisconsin has decided against a group of neighbors who were preventing the defendant, Harriet Schnasse, from siting a manufactured home into their subdivision by invoking a restrictive covenant. Harriet Schnasse wanted to locate her manufactured home in her own lot in Southview subdivision in Neenah, WI, but her neighbors invoked the covenant, which could force Schnasse to remove her home if she went ahead with the siting. The Wisconsin Manufactured Housing Association filed a lawsuit and opted for a court decision that would break all other broad subdivision restrictions.
Publication Name: Manufactured Home MERCHANDISER
Subject: Construction and materials industries
ISSN: 1047-2967
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
Why MH communities are superior real estate investments
Article Abstract:
Manufactured home communities can be profitable real estate investments. Barriers to market entry such a zoning laws and the long duration of filling up communities reduces competition and allows rent increases to outpace increases in expenses. The five factors to be considered in weighing investments in manufactured home communities against other real estate investments are free-and-clear equity internal rate of return and equity cap rate, market rent change rate, operating expense change rate, and residual cap rate.
Publication Name: Manufactured Home MERCHANDISER
Subject: Construction and materials industries
ISSN: 1047-2967
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
The never-ending battle for the truth continues
Article Abstract:
The common perception that manufactured homes are of questionable quality and are bought only by low-income people must be countered by industry managers. This mistaken belief was demonstrated by best-selling author John Grisham's complaint against mobile home parks and a retail sales center for prefabricated houses destroying the beauty of the surroundings of their property in Lafayette County, MO. Industry managers have the responsibility of pointing out the truth to eradicate the myths about the industry.
Publication Name: Manufactured Home MERCHANDISER
Subject: Construction and materials industries
ISSN: 1047-2967
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Focus on consumers, not their action. The changing face of accountability in advertising. ROI isn't the only factor to consider
- Abstracts: Riding the third wave two years later. The third wave for manufactured housing communities. Industry awards presented at MH national congress
- Abstracts: From a rioja to a hard place: university researchers in Sheffield have hit on the idea of using bottles to make concrete
- Abstracts: Coming in from the cold. Make-or-break time for engineers. DOE told to raise social homes target
- Abstracts: Spaturn. The man on the tube. Fame school cost hike hits McCartney