Other Types of Transactions
Other Types of Transactions
Different types of transactions generally require forms specific to that type of transaction.
- Manufactured or Mobile Homes
- Always use a Title Company that is experienced in handling manufactured or mobile home transactions.
- Manufactured or Mobile Home is “Personal” Property, not “Real” Property.
- For Listing, use RLA. Check paragraph 1 for Manufactured Home with MHLA [Manufactured Home Listing Addendum].
- For Purchase, use RPA with the MH-PA [Manufactured Home Purchase Addendum]
- MHTDS [Manufactured Home Transfer Disclosures Statement]
- Park Approval [Buyer to meet with Park Officials]
- Park Lease [Buyer to meet with Park Officials]
- Title Search [instead of Preliminary Title Report]
- Title will prepare at Closing other forms specific to this type of transaction [Affidavit, Certificate of Value, Certificate of Title, Transfer form, Bill of Sale, etc.]
- Probate Sale
- RLA – check box on page 1 that this is a Probate Listing
- PLA [Probate Listing Advisory]
- PA-PA [Probate Purchase Addendum]
- PA [Probate Advisory]
- CCA [Court Confirmation Addendum] if court confirmation is required to approve the sale.
- Short Sale
- RLA
- RPA 4.B.- SSA [Short Sale Addendum]
- RPA 4.C – SSIA [Short Sale Information Advisory]
- Short Sale Lender(s) Consent Letter – Buyer & Seller need to sign consent letter for all short sale lenders involved.
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DSSC [Delivery of or Failure to Deliver Short Sale Lender Written Consent] may be required if Short Sale Lender Consent Letter(s) are not delivered of if there is a need to change contract terms because of Consent Letter(s).
- Vacant Land
- VLL [Vacant Land Listing Agreement]
- VLQ [Vacant Land Questionnaire] instead of SPQ – No TDS is required
- VLPA [Vacant Land Purchase Agreement]
- BLVIA [Buyer Vacant Land Additional Information Advisory]
- NHD expanded Report is still required
Business Opportunities and Property Management:
Please note, our associates are not authorized to sell Business Opportunities, or to do Property Management for clients or potential customers.