RV purchase
Posted date : May 14, 2019.
We are considering purchasing a trailer from another couple in Alberta. The trailer remains year-round in a California RV park. Is there anything to be cautious or aware of with regard to insurance and registration of the unit? I will be going to California to view the unit in person before purchase.
Bruce Andrusiak
Edmonton, AB
Response :
Editor: Here are a few things to consider:
Is there a lease and for how long on the lot? Can you be evicted?
If the land is owned, what are the restrictions?
Review the park’s financials, as there may be large assessments coming; can the park increase your fees? And when and how much?
Do the current owners have a proper RV registration? Where?
Are you agreeing to import the RV to the U.S., by mistake?
Review the park’s rules and regulations – some are tough and unfair.
Are any taxes or fees due to anyone?
In some cases, the park has the right of first refusal on sale. Do they?
Finally, I would hire a U.S. lawyer to review everything. A local U.S. agent will be able to provide insurance. Thousands and thousands of snowbirds have done exactly what you are doing and, almost universally, they have been very happy with the results. It is a wonderful lifestyle and a great way to meet new friends.
