Washington AG Intervenes On Behalf Of Mobile Home Residents Alleging Property Titles Were Never Properly Transferred By Park Owner

From the Office of the Washington State Attorney General:

• Residents of a Spokane mobile home park were bewildered to learn they didn’t own the homes they live in. When an investigation by the Washington Attorney General’s Office revealed that the owner of West Prairie Village never properly transferred the titles, the business agreed to make things right. West Prairie Village owner, Vito Enterprises, U.S., Ltd., cooperated with the state’s investigation and signed an agreement submitted [...] for filing in Thurston County Superior Court.

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• “Some of West Prairie Village’s residents are seniors who were denied property-tax exemptions because they didn’t own their homes,” Assistant Attorney General Jackie Findley said. “After the Spokane Assessor’s Office alerted us to the problem, we investigated and found that the titles hadn’t been properly transferred and the sales contract terms were vague.”(1) [...] The Attorney General’s Office alleged that Vito Enterprises’ sales practices were unfair and violated Washington’s Consumer Protection Act.

For the entire press release, see Stumped Spokane seniors told they didn’t own their homes (Mobile-home park owner changes sales terms after Attorney General’s Office steps in).

(1) The purchase agreements and promissory notes required new West Prairie Village homeowners to make monthly payments with 9 percent interest amortized at 15 years. Although the agreement referenced a “5-year term,” it wasn’t clear to purchasers that they were responsible for a balloon payment. At the end of five years, owners were told they needed to pay off the remaining balance or renew their contracts at a 12-percent interest rate. rent to own lease purchase option scams yellowstone