Oklahoma Administrative Code
Title 765 - Oklahoma Used Motor Vehicle, Dismantler, and Manufactured Housing Commission
Chapter 39 - Restricted Manufactured Home Park Dealers
Subchapter 5 - Operation
Section 765:39-5-1 - Forms required

Universal Citation: OK Admin Code 765:39-5-1

Current through Vol. 42, No. 1, September 16, 2024

(a) Forms. The following forms are required in the sale of a manufactured home by a restricted manufactured home park dealer:

(1) Sales contract, bill of sale or buyer's order,

(2) Written notice of thirty (30) day title-transfer requirement and receipt for delivery of certificate of title to buyer,

(3) Condition of sale:
(A) warranty, or

(B) service contract, or

(C) warranty disclaimer,

(4) Finance or security agreement, if applicable,

(5) Consignment agreement, if applicable, and

(6) A completed copy of the I-Form from the installer who installed the manufactured home, showing the lot location of the home.

(b) Approval. All forms must be approved by the Commission. The content and forms to be used are to be filed ten (10) days prior to use, and if not rejected in ten (10) days from the filing date, the forms will be conditionally approved.

(c) Standards. Approved forms will contain substantially the following information:

(1) Sales contract, bill of sale, or buyer's order. The sales contract, bill of sale, or buyer's order states the names of the parties, the make, model, tag number and serial number of the manufactured home subject to the transaction, if available, a statement of the selling amount, a description of the manufactured home traded in, if any, and the consideration given therefore, and

(2) Title and tax transfer notice requirement. It is the duty of every person licensed to sell manufactured homes to advise each purchaser in writing about his title requirements and payment of any taxes due.

(3) If a prospective purchaser makes a deposit of anything of value to obtain the option to complete a purchase (of a manufactured home) in the future, the restricted manufactured home park dealer shall acknowledge the deposit in writing, the time period for which the option to purchase is valid, whether the deposit is refundable in whole or in part, and the conditions, if any under which the deposit may be refunded. The deposit is deemed refundable unless it is clearly stated in writing that the deposit or a portion thereof is non-refundable.

Disclaimer: These regulations may not be the most recent version. Oklahoma may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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