Manufactured Housing Practice Test

What documentation is required at the resale of a unit in a mobile home park?

1. A) An inspection report from a health department

2. B) A copy of the park rental agreement or a Declaration of Rental Agreement

3. C) Proof of ownership of the unit

4. D) The buyer's financial statements

The correct answer is: B) A copy of the park rental agreement or a Declaration of Rental Agreement

The requirement for documentation at the resale of a unit in a mobile home park primarily revolves around ensuring that the transaction abides by the established rental terms and conditions of the park. A copy of the park rental agreement or a Declaration of Rental Agreement is critical since it provides the new buyer with clear information about the rules, regulations, and expectations set forth by the mobile home park management. It ensures that all parties understand the terms under which the mobile home will be occupied and helps facilitate a smooth transfer of rights and responsibilities associated with living in the park. While inspection reports from health departments, proof of ownership documents, and buyer's financial statements may be relevant in different contexts, they do not specifically address the relationship and contractual obligations that exist between the mobile home park and its residents, making the rental agreement a key piece of documentation in this scenario.