This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
North Carolina Mobile Home Purchase Agreement
Category:
State:
Multi-State
Control #:
US-02474BG
Format:
Word;
PDF;
Rich Text
Instant download
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How to fill out Mobile Home Purchase Agreement?
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FAQ
Be sure to include at least the following information: Mobile home description, including VIN, serial number, make, model, and year. Buyer and seller names, addresses and contact information. Sale date. Sale price, including any taxes. Sale conditions and terms, including warranties or ?as is? status.
Manufactured homes are factory-built homes engineered and constructed in ance with the federal building code administered by the U.S. Department of Housing and Urban Development (HUD). The HUD code was established in 1976. Prior to that time, manufactured homes were referred to as mobile homes.
The most common residential offer form in North Carolina is the ?Offer to Purchase and Contract? (Form No. 2-T), jointly approved by the N.C. Bar Association and NC REALTORS®. Many standard ?addenda? forms also are available to add provisions of special importance to the parties.
In North Carolina a typical offer to purchase will require both a due diligence payment made direct to the seller and an earnest money deposit to be held in a trust account. Show the seller you are well prepared for the purchase and that you have funds at the ready.
North Carolina must be in writing. Since only written offers may become binding contracts, your offer should be in writing and signed.
The offer should include the following: Expiration date of the offer. ... Purchase price. ... Initial deposit. ... Down payment amount. ... Financing terms. ... Required home inspection. ... Contingencies. ... Warranties.
Manufactured homes are built ing to a federal code promulgated by HUD, while modular homes are built ing to whatever state and local codes are applicable to the location where the home will be placed. In North Carolina, modular homes become part of the real property at the time of installation.
In order for an offer to be valid, it must be clearly communicated, giving the offeree a chance to accept or reject it. Clear communication can include actions, oral communication, or in writing.
