Mobile Home Hot — Line
: If the home is in a park on leased land, it is personal property. In many states, selling more than two such homes a year requires a manufactured home dealer license . Safety and Inspection Requirements :
: If a home is on a permanent foundation on land owned by the home owner, it is typically treated as real property. MOBILE HOME HOT LINE
: Real estate licensees are legally prohibited from advertising a used mobile home as "new". Economic and Social Impact : If the home is in a park
Mobile and manufactured homes represent roughly in the United States, offering a significant affordable housing path. However, transactions involving these homes are complex because they can be classified as either real estate or personal property , depending on land ownership and foundation status. Key Advisory Areas : Real estate licensees are legally prohibited from