Mobile and Manufactured Home Purchase Agreement and Sales Contract

Submit the completed Mobile and Manufactured Home Purchase Agreement and Sales Contract by following the details provided in the form. Typically, you should submit it to the designated escrow agent or real estate broker involved in the sale. This can be done via email, fax, or in person at the brokerage office. Ensure that all sections are filled out accurately and include necessary supporting documents. For specific submission instructions, refer to the emails, phone numbers, or addresses provided in the contract. My advice is to double-check all details and keep a copy of the submitted form for your records.

Ensure all contract timelines for submission and payments are met. These include Earnest Money deposit deadlines and Close of Escrow dates, which are crucial for a successful transaction. Consult the agreement for specific dates relevant to your transaction.

The Mobile and Manufactured Home Purchase Agreement and Sales Contract is designed to formalize the sale of new or used manufactured homes. It outlines the terms of the sale, including buyer and seller details, home description, purchase price, and payment terms. This form ensures both parties are clear on their obligations, protecting their rights during the home buying or selling process. This agreement is crucial for ensuring that the purchase process is legally binding and compliant with state regulations. Real estate brokers often use this form when facilitating the sale of manufactured homes, ensuring that all details are captured correctly. The contract also includes sections for escrow arrangements, prorations of assessments, and additional addenda for specialized cases. Buyers and sellers must complete all fields accurately, including accompanying any necessary documentation such as approval for residency in a housing community. The form also covers matters like possession transfer, additional property included in the sale, and any additional personal property being transferred. Overall, this document serves as a comprehensive agreement for smooth and clear transactions.

• 1. Parties: Contains sections for Buyer’s and Seller’s names.
• 2. Premises: Involves entering home description, address, and purchase price.
• 3. Description of Manufactured Home: Fields for manufacturer, model, VIN, and title number.
• 4. Terms: Specify payment terms, type of loan, and earnest money details.
• 5. Escrow Matters: Section for detailing escrow handling instructions.
• 6. Prorations of Assessments/Fees/Liens: Provide prorations details for various assessments and fees.
• 7. Buyer and Seller Information: Contact details for buyer, seller, and escrow agent.

Failure to submit this form can lead to delays or cancellation of the home purchase. It is crucial to meet all submission deadlines to ensure a smooth transaction.

• Cancellation of Sale: The home purchase may be canceled if critical deadlines are missed.
• Financial Penalties: You may incur additional costs or lose earnest money deposits.
• Legal Complications: Failing to properly document the sale can lead to legal disputes or complications.

• 1. Purchasing a New Manufactured Home: Complete all sections and include necessary addenda for new homes.
• 2. Selling a Used Mobile Home: Real Estate Brokers fill out this form according to the sale specifics.
• 3. Entering Escrow Agreements: Document the terms of escrow as outlined in the contract.
• 4. Transfer of Ownership: Fill out the form to legally transfer ownership of the property.
• 5. Binding Sale Agreements: Ensure that all terms, obligations, and responsibilities are clear.