The lease transfers with the property, so it provides you protection.  

I was just back there a few weeks ago.My daughter transferred to the Y this summer.  

If DEF's loan was originated in what was supposed to be first position and the title company was supposed to have paid off XYZ (which is likely the case since this appears to be a purchase money loan contemporaneous with a transfer to a new owner), but failed to do so, and DEF subsequently forecloses, DEF would have a claim under their lender's policy of title insurance if they foreclose and end up with the property subject to XYZ's deed of trust. 

It is from my understanding that my license cannot be transferred for private uses.

Her option runs out in a year and is non-transferable.  

These costs have already resulted in PMs that serve smaller (less than 25 homes) HOAs to go out of business.The fees, business costs and government involvement would be more tolerable if the law accomplished its’ intended goal of consumer protection.However, the law is vague on the most simple demands and accountability for property managers: 1) there are no direct statements mandating PMs comply with all State laws and an HOA’s governing documents 2) no direct statements that require PMs to advise an HOA when they observe non-compliance with the law or to report to DORA when such advice has been ignored and violations continue3)no direct statements that hold PMs accountable when they carry out requested actions of a Board that are in non-compliance with the law or an HOAs governing documents 4) no mandates for PMs to provide home owners with a detailed explanation or legal justification of fees and assessments (such as the HOA Transfer Fee) they independently impose and retain and 5) no requirement to explain and justify in detail all PM fees in their contracts with the HOA.Repeated requests to DORA (Department of Regulatory Services) and legislators from Colorado’s largest HOA home owner’s group, Colorado HOA Forum, to include these simple specifics have been rejected making reform and enforcement for home owners very difficult.Legislators also refused to include in the Law assistance to smaller HOA PMs by reducing their licensing costs and requirements.Licensing also witnessed an unprecedented and disturbing legislative act.The Law contains language directly promoting a private entity’s (CAI) sales products and educational courses.It also allows the industry that is to be regulated (CAI) to develop and complete State educational, testing, and credentialing requirements none of which have been officially reviewed or approved by the State.Then there is the missing legislative mandate in licensing rules to address meaningful “full disclosure” of all fees and assessments on home owners by PMs.Specifically, the HOA Transfer Fee that cost HOA home owners millions each year will continue without any limits or justification.DORA decided a one-liner on home closing documents with no receipt and/or detail of charges is “full disclosure” of this fee.Legislation/licensing that is crafted by the interest group to be regulated should be disconcerting to home owners and businesses.The CAI has dominated the PM industry and HOA legislation in Colorado for decades.Their influence and leadership has led to the need for licensing and reform.July 1, 2015 was to be a good beginning on reforming the abuses in the PM industry but HOA home owners will sadly see little change.

Sorry.If your seller had capacity transfer title, if you had the documentation ready, and a plan, and some money, you too could likely profit from this opportunity.

Not sure how it is in your state but mobile homes and real estate are paid a year in arrears and upon transfer of title on a mobile home the taxes have to be paid current which would mean the all of 2014 taxes have to be paid and all of 2015 taxes as well.  

(May be have a land trust for each property and transfer the beneficial interest to the new buyer)?

While academia continues to teach me skills that can be transfered elsewhere.