Oregon Administrative Rules
Chapter 137 - DEPARTMENT OF JUSTICE
Division 20 - MISLEADING PRICE REPRESENTATIONS
Section 137-020-0550 - Manufactured Dwelling Purchase Agreement; List of Regulating Agencies
Current through Register Vol. 63, No. 9, September 1, 2024
(1) The purchase agreement used by the manufactured dwelling dealer shall include the base price and a written itemization that clearly and conspicuously discloses the retail prices of the following, if not included in the base price:
OFFICIAL COMMENTARY: The provider of the improvements (contractor) may itemize the retail price for each listed improvement, or may itemize each improvement and include the total retail price for all improvements for which the provider contracts.
OFFICIAL COMMENTARY: In addition to listing the base price, the dealer should also include a list of any options, upgrades or alterations that are included in the base price.
(2) The purchase agreement shall also include the following information:
(3) The manufactured dwelling dealer shall attach to each purchase agreement a list of governmental consumer protection agencies having jurisdiction over manufactured dwelling issues. The purchase agreement must contain an acknowledgement signed or initialed by the buyer indicating the buyer has received the list. The list shall be developed by the Department of Justice and made available to all dealers. The list is informational only and does not constitute legal advice. Failure by the dealer to provide the list of agencies to the buyer is an unlawful practice under ORS 646.608(1)(yy).
(4) The dealer shall give a signed copy of the purchase agreement to the buyer and shall retain a signed copy in the dealer's files for not less than seven (7) years from the date of sale. If the dealer arranges financing, the dealer shall give a signed copy of the purchase agreement to the party that makes the loan for the purchase.
(5) The dealer may use the Purchase Agreement form contained in this rule and include it as part of the dealer's sales contract. The dealer's use of this form shall be deemed to comply with this rule. If an alternate form is used by the dealer, it must comply with the requirements of this rule.
(6) Except as provided in ORS 41.740, the purchase agreement shall contain all of the terms of the contract between the buyer and the manufactured dwelling dealer. No evidence of the terms of the contract may be presented other than the contents of the purchase agreement. As used in this rule, "contract" does not include a retail installment contract or loan agreement entered into as part of the purchase transaction.
(7) The purchase agreement shall contain a notice to the buyer that:
(8) The disclosures required by this rule shall be clear and conspicuous.
(9) Nothing in this rule relieves the dealer from disclosing all other terms and conditions required by law.
(10) Failure of the dealer to use a purchase agreement form that complies with this rule is an unlawful practice under ORS 646.608(1)(yy). [Form not included. See ED. NOTE.]
Forms referenced in this rule are available from the agency.
Stat. Auth.: ORS 180.520(1)(c) & ORS 646.404 (2001 OL ch. 969 §3)
Stats. Implemented: ORS 646.400 to ORS 646.404 (2001 OL ch. 969) & ORS 646.608(1)(yy)