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Residential Parks Act 2026 Act No. of 2026 s. 50 Part 4 – Rights and Obligations of Park Owners and Residents 68 (b) the date from which the increase takes effect. (3) Despite subsection (1) – (a) the right to increase the rent may be excluded, or limited, by the terms of the residential park agreement; and (b) if the residential park agreement is for a fixed term, the agreement is taken to exclude an increase in rent during the term unless the agreement specifically allows for an increase in rent. (4) The rent payable under a residential park agreement may be reduced permanently by mutual agreement between the park owner and the resident. (5) For the avoidance of doubt, if the rent payable under a residential park agreement is increased or reduced under this section, the terms of the agreement are varied accordingly. (6) For the purposes of this section, a series of residential park agreements between the same parties and relating to the same site is to be treated as a single residential park agreement unless at least 12 months have elapsed since rent for the rented property was fixed or last increased.

Residential Parks Act 2026 Act No. of 2026 Part 4 – Rights and Obligations of Park Owners and Residents s. 51 69 51. Temporary reductions of rent (1) The rent payable under a residential park agreement may be reduced, on a temporary basis, by mutual agreement between the park owner and the resident. (2) If a reduction of rent is made on a temporary basis, the rent is to revert back to the level that would have been otherwise applicable, under the relevant residential park agreement, at the end of the period agreed for the reduction of rent. (3) For the avoidance of doubt, if the rent payable under a residential park agreement is temporarily reduced under this section, the terms of the agreement are varied accordingly for the period agreed between the park owner and the resident. 52. Tribunal may declare increase in rent excessive (1) In this section – rent includes a payment that the resident is required by the park owner to make under section 26. (2) A resident may apply to the Tribunal, within 60 days after receiving a notice of an increase in rent, for the proposed increase to be declared excessive, if – (a) the resident has received a notice of a rent increase under section 50; or (b) the resident has been notified that a payment that the resident is required by

Residential Parks Act 2026 Act No. of 2026 s. 52 Part 4 – Rights and Obligations of Park Owners and Residents 70 the park owner to make, under section 26, is to increase. (3) In deciding whether to declare an increase in rent as excessive, the Tribunal must have regard to – (a) the general level of rents for comparable rented properties in the same or similar localities; and (b) the percentage increase in rent charged, to the resident, in respect of the rented property since the resident became a resident; and (c) whether the increase is consistent with other rates and charges payable in respect of the residential park; and (d) what impact the increase may have on the resident; and (e) the estimated capital value of the rented property at the date of the application; and (f) the outgoings for which the park owner is liable under the agreement; and (g) the estimated cost of services provided by the park owner and the resident under the agreement; and (h) the amenity, standard and value of furniture, equipment, common areas and other personal property provided by the park owner for the resident’s use; and