QLDIn ForceAct
Manufactured Homes (Residential Parks) Act 2003
sec.62DMeaning of buyback agreement
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### sec.62D Meaning of buyback agreement
A buyback agreement , for an eligible home, is an agreement between the eligible home owner and the park owner that—
provides for the park owner to buy the eligible home from the eligible home owner—
at the buyback amount for the eligible home; and
within the buyback period for the eligible home; and
is in writing; and
if there is an approved form—is in the approved form; and
complies with any other requirements prescribed by regulation.
s 62D ins 2024 No. 28 s 12
- (a) provides for the park owner to buy the eligible home from the eligible home owner— (i) at the buyback amount for the eligible home; and (ii) within the buyback period for the eligible home; and
- (i) at the buyback amount for the eligible home; and
- (ii) within the buyback period for the eligible home; and
- (b) is in writing; and
- (c) if there is an approved form—is in the approved form; and
- (d) complies with any other requirements prescribed by regulation.
- (i) at the buyback amount for the eligible home; and
- (ii) within the buyback period for the eligible home; and