; and (2) not less than 45 additional days to secure financing to purchase the home or dwelling unit. . (c) Special rule for manufactured housing communities (1) Definitions (A) Manufactured housing community cooperative or corporation The term manufactured housing community cooperative or corporation means a cooperative or nonprofit corporation established pursuant to the laws of the State in which the property used as a manufactured housing community. (B) Qualified gain The term qualified gain means the gain from the sale or exchange of real property comprised primarily of manufactured housing used solely for residential purposes. (2) Resident right to purchase (A) In general A taxpayer who is a party to a manufactured housing community sale or transfer or ownership shall be assessed the tax penalty described in subparagraph (B) unless— (i) the residents of a manufactured housing community were given 60 days to form a manufactured housing community cooperative or corporation if no such entity currently exists