Here’s a complete list of possible questions about the Manufactured or Mobile Home Purchase Addendum, along with explanations for each:
- What is the purpose of the Manufactured or Mobile Home Purchase Addendum?
It supplements the purchase agreement with terms specific to buying a manufactured or mobile home, ensuring compliance with state, federal, and local requirements, and clarifying whether the home is sold as real property or personal property.
- When is this addendum required?
It’s used when the transaction involves a manufactured or mobile home—either with the land (real property) or separately (personal property with a title).
- Does the addendum clarify whether the home is affixed to a permanent foundation?
Yes, it specifies if the home is permanently attached to the land and recorded as real property, which affects financing and title transfer requirements.
- Are HUD tags and serial numbers required in the contract?
Yes, it typically requires disclosure of the home’s manufacturer, year, model, serial/VIN number, and HUD certification labels to verify compliance with construction and safety standards.
- How does the addendum address title and ownership transfer?
It may outline that the title (for personal property) must be transferred through the Department of Housing or DMV, or, if real property, through the county recorder, ensuring the buyer receives clear ownership.
- Does the addendum address park space rent or lease agreements?
Yes, if the home is located in a mobile home park or on leased land, it may require disclosure of space rent, lease terms, and buyer approval from park management before closing.
- Are there financing requirements mentioned in the addendum?
It may note that certain financing programs (FHA, VA, conventional) require the home to be on a HUD-compliant permanent foundation, and that the buyer must verify eligibility before removing contingencies.
- Does it cover personal property included in the sale?
Yes, it can specify additional items included with the home—like decks, skirting, sheds, or appliances—and whether they are permanently attached or considered personal property.
- How does the addendum handle disclosures about prior movement of the home?
It may require the seller to disclose whether the manufactured home has been moved from its original installation site, as some lenders will not finance a home that has been relocated.
- Are there special inspection rights under this addendum?
It may confirm the buyer’s right to inspect the home for compliance with HUD codes, structural integrity, foundation stability, and pest or water intrusion issues.
Disclaimer:
The questions and answers provided are for general guidance only and may not cover all details or apply to every situation. If anything is unclear or you need further clarification, please visit car.org for official resources and the most up-to-date information from the California Association of REALTORS®.
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