This section defines key terms used in the article about floating homes. Ownership or management refers to owning or managing a cooperative or condo specifically for floating homes. Meanwhile, a resident is someone who lives in one of these floating home communities.

If you live in a floating home in California, you can put up a sign in your window to let people know your home is for sale or exchange. You might even be able to advertise it for rent if your agreement with the management allows it. The sign must include your name, address, and phone number and should be 24 by 18 inches in size.

This law says that if someone wants to show or list a floating home for sale, they must first get written permission from the person who owns it. The permission must clearly state the terms and conditions for showing or listing the home.

If you sell your floating home in a cooperative or condominium, the management can't force you to move it out after the sale.

The people who own or run a floating home community, either a cooperative or condominium, can ask to approve who buys a home there. The seller or their agent must inform them of the sale before it happens. They can't say no to a buyer just because of money reasons if the buyer can afford the costs of living there. The only valid reason to decline a buyer is if there's a reasonable belief, based on where they previously lived, that the buyer won't follow the community's rules.

This law says that any agreement or contract can't include a part where the buyer gives up their rights under this law. If there is any such waiver, it's considered against public policy, making it invalid and unenforceable.

This section of the law deals with the rules between those who manage floating home marinas and the people who live there. It doesn't change how the state handles land under water or laws about public use of those lands. It also doesn't interfere with existing regulations for floating homes by a specific commission in San Francisco.