Manufactured Housing Practice Test

What must be agreed upon if a correction increases payments or the balance due?

1. The dealer can decide without the buyer's approval

2. The buyer must provide written consent

3. The state department must approve the change

4. The buyer must be informed but consent not required

The correct answer is: The buyer must provide written consent

When a correction results in increased payments or an increased balance due, it is essential for the buyer to provide written consent. This requirement is rooted in consumer protection principles, ensuring that buyers are fully aware of and agree to any changes that may affect their financial obligations. Written consent serves as a safeguard for both the buyer and the seller, establishing a clear record of the buyer’s agreement to the new terms. This is particularly important in transactions involving manufactured housing, where financial commitments can be significant and long-term. Requiring written consent prevents misunderstandings and disputes that could arise from unapproved changes, thereby fostering transparency and trust in the transaction process. The other options either imply unilateral decision-making by the dealer, lack of necessary state oversight, or insufficient communication with the buyer, which do not align with the best practices for ethical transactions in manufactured housing. Each of these alternatives overlooks the importance of buyer awareness and consent, which are crucial for maintaining fair and transparent trade practices.