The term "resident-owned community" most often refers to a manufactured/mobile home or rv park that is organized as a not-for-profit co-operative, condominium association, corporation or land subdivision, operated by a board of directors elected by the equity owning residents. Most are age-qualified parks for active seniors, and have recreational amenities such as clubhouses, pools, spas, gyms, shuffleboard courts, golf courses, tennis, marinas and so on.
Unlike the more common "land lease" lot rental type of arrangement, in a roc the residents own the land and enjoy many of the advantages of traditional home ownership, such as tax benefits, homestead exemption and the potential for equity growth. As a non-profit, all park income after expenses is re-invested in the community. Almost all the parks also allow those who choose not to become equity owners to rent lots in their community, as many prefer the benefits of a resident-owned park without the financial commitment of an ownership investment. This directory lists hundreds of roc communities, organized by state and county. However, it is by no means a complete listing. If you know of a resident-owned community that is not listed, please email the name, address and the web url, and it will be included. Also, if you notice any of the inevitable errors, email editor@theroclist.com and they will be corrected.