Finance

Coquitlam Couple Struggles to Sell Home Amidst Legal Loopholes: Call for Urgent Changes

2024-10-04

Introduction

In an alarming situation unfolding in Coquitlam's Wildwood Park, a couple is sounding the alarm over critical loopholes in the B.C. Manufactured Home Park Tenancy Act that are placing them in a financial bind. Brian Corkum and Claude Goergen, owners of a manufactured home, have been unable to sell their property despite several offers, due to the park owner's alleged refusal to consent to necessary paperwork.

The Struggle to Sell

After moving in together, Corkum attempted to sell his newly renovated home, which remains vacant. However, he claims the park owner has consistently thwarted offers, reportedly creating obstacles that prevent the sale from going through. "I’ve received four offers now, and the park owner seems determined to block them. There are agreements signed, yet he finds a way to reject the transactions," Corkum shared with CityNews.

Legal Hurdles

Under the current legislation, known as the 1097 form, the park owner's signature is mandatory for the sale of a manufactured home. This requirement creates a significant hurdle, especially since the park owner is accused of deliberately delaying approvals. Brent Roberts, a realtor from Royal Le Page, corroborated this, stating that any offers made have met with resistance, raising concerns about potential conflicts of interest.

Impact of Current Legislation

Legal experts highlight that in today's real estate market, financing for mobile home purchases relies heavily on approvals from landlords, who may view such approvals as relinquishing control over their property rights. "The current dynamics empower park owners to effectively limit market competition," said property lawyer Wes Berger.

Call for Reform

Corkum and Goergen's predicament has spurred them to advocate for immediate reforms to the legislation, urging the next provincial government to: 1. Allow residents to sell their homes with minimal interference from park owners. 2. Ensure that any offers made by park owners represent fair market value. 3. Enable resident-owners the option to rent their properties if they choose not to sell.

Support from Local Leadership

Coquitlam Councillor Matt Djonlic has voiced support for the couple's cause, expressing concern that the mandatory 1097 form creates an environment where park owners can suppress market value. He noted that such control prevents homeowners from obtaining fair prices, especially impacting those facing significant life challenges, including health issues.

Official Responses

In reaching out for official commentary, CityNews contacted the housing minister, but was informed that, due to an ongoing election campaign, there could be no immediate response. The park owner chose not to provide any comments when approached by the media.

Personal Impact

Amid this legal quagmire, Corkum and Goergen conveyed feeling "held hostage" by the prevailing conditions. They are grappling with the financial burden of maintaining two mortgages and pad rentals simultaneously for nearly a year. "It’s been overwhelming," Goergen lamented. As their situation continues, they hope to shine a light on these legislative inadequacies, igniting a broader discussion on the rights of manufactured home owners in British Columbia.

Conclusion

Stay tuned for developments on this pressing issue, as it not only affects Corkum and Goergen but many others in similar predicaments across the province!