Welcome to ResidentOwnedCommunities.com. If you are looking for a retirement home, a getaway "snowbird nest", or just want to learn more about this unique and affordable way of living, then this is a good place to start.
This directory lists over 100 ROC communities that have their own website. They represent a fraction of the total number of resident-owned parks, as most do not have websites yet. Most listed here are located in Florida; a few properties in other states are also shown. New sites are added when I discover them. If you have a website you would like included, email me the url and I will post it. I would like this directory to be as complete and accurate as possible. If you find any of the inevitable errors or omissions, please email me so I may correct them.
The term "resident-owned community" is most commonly used to describe a manufactured/mobile home community that is incorporated and operated as a not-for-profit co-operative, with each resident shareholder owning a voting and equity share of the park. A board of directors is elected, and they in turn appoint the corporate officers and any management personnel who are responsible for day-to-day operations. Regular meetings are held in which issues affecting the community are discussed and voted on by the resident co-op members. All the income (after expenses) of the park is re-invested in the park. The land cannot be "sold out from underneath" the resident owners, unless they vote to do so themselves (or in the unlikely event it is taken by the process of eminent domain). In any case, as the owners of the land, the shareholders would share the proceeds of the sale and financially benefit from any appreciation of the land value. Also, some parks are organized as condominiums.
Most ROC parks do not require every homeowner to purchase a share; those residents may rent lots like they would in any other park. Although they do not vote or participate in equity ownership, they often prefer and appreciate the benefits of living in a non-profit, resident-owned community.
A ROC may also be made up of site-built homes, condo/townhouse type buildings, a RV resort, campground, marina or any of a number of other entities. To begin exploring, click the name of a state on the navigation bar, the name of a county, then select the url link of a listed park.
Thank you for visiting today. I hope you find this website interesting and useful.
Sincerely,
Michael Freeman
St Petersburg, Fl.