What is the purpose of a Consumer Disclosure Statement in manufactured home sales?

The purpose of a Consumer Disclosure Statement in manufactured home sales is primarily to inform buyers about the home's condition and warranties. This document helps to ensure that potential buyers are fully aware of what they are purchasing, including any known deficiencies or required repairs, as well as the terms and conditions of any warranties that may apply to the home. By providing this information upfront, the Consumer Disclosure Statement promotes transparency in the transaction, allowing buyers to make informed decisions about their purchase.

While site preparation, zoning laws, and financing options are important aspects of the manufactured home buying process, they do not fall under the main focus of the Consumer Disclosure Statement. The document is specifically designed to address the performance and current state of the home itself, making it a crucial element in protecting buyers and fostering trust in the sales process.