Manufactured Bliss With a Mobile Home Purchase Agreement With DoNotPay’s Help
A mobile home is an easy way to get your foot on the property ladder without the expense of a mortgage and is increasingly popular among younger first-time buyers.
The most important step in purchasing your new home is the agreement that seals the deal.
DoNotPay helps you understand what you need to do to secure your piece of the mobile home dream with a safe mobile home purchase agreement.
What Needs To Be in a Mobile Home Purchase Agreement?
If all your checks have satisfied you that you’ve found what you’re looking for, you can prepare a mobile home purchase agreement.
- Personal details
- Description of the mobile home
- Buyer acceptance of property condition
- Delivery method
- Risk of loss
- Delivery date and approximate time
- Buyer inspection after delivery
- Warranty of title
- Governing law
This is an agreement, so both you and the seller should include all your personal and contact details.
Description of Mobile Home
Your description should be as comprehensive as possible, including:
- Year of manufacture
- Serial number
- Number of bedrooms
- License number
- Purchase price
Buyer Acceptance of Property Condition
You should state that you have inspected the mobile home and that you are satisfied with the condition of the dwelling in all regards. This indemnifies the seller against any future claims.
Before you sign the agreement as the buyer, you should have carried out a thorough inspection of the mobile home, including a(n):
- Physical walk-through
- Inspection of the license, serial number, and registration paperwork
- Check of the water, sewerage, and electricity connections
If a new mobile home is being delivered to a plot, you can stipulate the delivery method while the seller agrees to reimburse reasonable delivery costs.
Risk of Loss
If the mobile home is to be delivered, the seller accepts all risk until the mobile home has been delivered.
Delivery Date and Approximate Time
Delivery details can be agreed on in this clause. You can also stipulate reasonable leeway in the exact delivery time, depending on how far the mobile home has to travel.
Buyer Inspection After Delivery
You are entitled to perform a walk-through inspection of the mobile home after delivery to ensure no damage has occurred during transit.
Warranty of Title
The seller guarantees that they are the legal owner of the mobile home and that no liens exist.
If you depend on a loan to finance the purchase of your mobile home, you can include details of the:
- Loan amount
- Interest rate
- Term of the loan (how long until it is paid off)
- Whether or not finance has already been secured
In many cases, you are allowed to pull out of the deal if you are unable to secure the necessary finance. If you have not secured finance yet, you should make it clear that the purchase is subject to your getting a loan.
The agreement should determine the state law under which it is made. This will usually be the state in which the mobile home is to be placed.
Both parties should sign the agreement and have it notarized to make it legally binding.
Optional Clauses in Your Mobile Home Purchase Agreement
If your mobile home is already subject to a lease agreement on a plot, you may want to include details of the lease in your purchase agreement. The most important details to include are:
|Agreement by the plot owner||The plot owner needs to give written consent for you to purchase the mobile home and take over the plot lease. In most cases, this is a formality|
|Acceptance of the terms of the plot lease||The agreement should confirm that you—as the buyer—accept the terms of the plot lease|
|Acceptance of the regulations of the park||You should include a clause stating that you accept the rules and regulations of the park in which your mobile home is standing and that you have received a copy of those rules and regulations|
How Can DoNotPay Help You With Legal Documents?
DoNotPay is your go-to resource for legal documents and contract templates. If you are looking for help, you can check what we have to offer by doing the following:
- Sign up for a DoNotPay account
- Find the document you need using the search bar
- Give us the details you want in your document
- Wait while we create your customized solution
What Other Documents Does DoNotPay Offer?
Our list of available legal documents is growing all the time, and here is a selection of what we have for you:
- Lease agreement
- Intent to purchase real estate letter
- Quitclaim deed
- Non-disclosure agreement
- Non-compete agreement
- Independent contractor agreement
- Bill of sale
- Operating agreement
Sign up for a DoNotPay account to create any legal document you need!
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