Is a resident owned park?

It is not owned by a management company it is managed by one. The shareholders own the park.

Bradenton Tropical Palms is a resident owned Cooperative as a not for profit.corporation.. If you are a member of the Cooperative you are entitled to certain rights which includes a 99 year lease or right to use a certain lot. It.is considered real property. The Cooperative owns a mobile home park which leases lots to people who do not own shares and the lease is a yearly lease and they are not considered members of the Cooperative. If you want to be a member of the Cooperative you will need to purchase a share for 27500.00. And pay monthly assessments of 170.00. Non shareholders pay a monthly lot lease of 500.00