Mobile Home With Land Packages

State:
Multi-State
Control #:
US-02475BG
Format:
Word; 
PDF; 
Rich Text
Instant download

Description

The document is a Promissory Note in Connection with a Sale and Purchase of a Mobile Home, outlining the terms of repayment for a loan related to a mobile home with land packages. The form includes details such as the principal amount of the loan, the interest rate, and the payment schedule, specifying the number of installments and due dates. Buyers can prepay the loan without penalty, while late charges apply for missed payments. In case of default, additional collection fees may be incurred, and the entire debt can become due immediately. This form is essential for individuals or entities engaged in the sale and financing of mobile homes on land, providing a clear understanding of payment obligations. For the target audience, including attorneys, partners, and paralegals, it serves as a crucial legal tool for drafting, reviewing, and managing financing agreements, ensuring compliance with legal standards and aiding in dispute resolution. The straightforward language and structured format make it accessible for users with varying levels of legal experience.
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How to fill out Promissory Note In Connection With A Sale And Purchase Of A Mobile Home?

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FAQ

Mobile Homes must either be built on concrete foundations extended a minimum of 36" below grade, or must be anchored to the ground as per the Illinois Mobile Home Tie-Down Act. A building permit and MEP permits are required for the installation of a Mobile Home.

Mobile home parks shall be located only in R-1MP zoning districts.

Yes, you may be able to place a mobile home on your parents' property, but you must obtain their permission and adhere to certain regulations. To do so, you must ensure that your mobile home has a foundation and meets the standards of the National Manufactured Housing Construction and Safety Standards.

In most cases, you need to put down a gravel base and seal the ground using a slab of concrete. After that, pour a layer of sand to make a grade. Make sure that you have enough space to build a foundation large enough to support the mobile home. The minimum width of the foundation should be 8 feet.

Can I buy land and put a mobile home on it in California? Manufactured homes may be installed on a permanent basis on private property subject to a permit and approval by the Building and Safety Division.

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Mobile Home With Land Packages