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.
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