Manufactured Housing Practice Test

What is necessary for closing escrow after installation of a manufactured home?

1. Delivery of the home to the buyer

2. Receipt of the installation acceptance from authorities

3. Completion of all paperwork

4. Verification of ownership transfer

The correct answer is: Receipt of the installation acceptance from authorities

The requirement of receiving installation acceptance from authorities is crucial for closing escrow after the installation of a manufactured home because it ensures that the home has been installed according to local building codes and regulations. This acceptance is a formal acknowledgment that all safety, zoning, and installation standards have been met, thereby protecting both the homeowner and the community. It serves as a critical verification step that confirms the home is in a suitable condition for occupancy. While delivery of the home, completion of paperwork, and verification of ownership transfer are all important components of the process, they do not specifically address the regulatory and safety compliance aspects that the installation acceptance represents. It is this compliance that may ultimately determine whether the home can be legally occupied and maintained within the community. Therefore, without the receipt of installation acceptance from authorities, the escrow process cannot be completed properly, as it could lead to potential safety issues or violations of local laws.