Q:

What is a mobile home sales contract?

A:

Quick Answer

A mobile home sales contract is a legal document that outlines the terms and conditions of the sale of a mobile or manufactured home. This contract may also list services, options, upgrades or extended warranties that are included in the sale of the mobile home.

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Full Answer

Mobile and manufactured homes have strict standards for durability, safety and quality. A mobile home sales contract ensures that the buyer is purchasing a mobile home that meets these legal standards and regulations.

The mobile home sales contract should include the price of the home and whether the price includes delivery, set up, the foundation, skirting, steps and any relevant permits. The contract should also outline how the home is to connect to the necessary utilities. The financing options and closing costs are also usually included in a sales contract.

The sales contract lists the names of both the buyers and sellers, the sale date, a description of the home they are purchasing, the home's base price and a description of each item included in the sale, such as extra appliances that come with the home. Once the buyer and seller agree on the terms of the contract, all parties sign to make the contract legally binding.

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