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Mobile Home Installment Sale Contract Template for England and Wales

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Key Requirements PROMPT example:

Mobile Home Installment Sale Contract

"I need a Mobile Home Installment Sale Contract for selling a 2022 Willerby Granada mobile home to a private buyer, with monthly installments over 5 years starting from March 2025, including specific site requirements for our park in Wales."

Document background
The Mobile Home Installment Sale Contract is essential for transactions where mobile homes are sold through scheduled payments rather than a single lump sum. This document, governed by English and Welsh law, protects both buyer and seller interests by clearly defining payment terms, ownership transfer conditions, and maintenance responsibilities. It ensures compliance with the Mobile Homes Act 1983, Consumer Credit Act 1974, and Consumer Rights Act 2015, providing a structured framework for the transaction while incorporating necessary consumer protections and statutory requirements. The contract is particularly relevant in the context of affordable housing solutions and regulated mobile home sales.
Suggested Sections

1. Parties: Identification of seller and buyer with full details

2. Background: Context of the sale and basic transaction information

3. Definitions: Key terms used throughout the agreement

4. Property Description: Detailed description of the mobile home including make, model, year, and specifications

5. Purchase Price and Payment Terms: Total price, deposit, installment amounts, payment schedule, and interest rates

6. Transfer of Title: Conditions for transfer of ownership

7. Warranties and Representations: Seller's warranties regarding the condition and ownership of the mobile home

8. Default and Remedies: Consequences of payment default and available remedies

Optional Sections

1. Insurance Requirements: Details of required insurance coverage during the payment period

2. Site Requirements: Specific requirements related to the site where the mobile home will be located

3. Maintenance Obligations: Responsibilities for maintenance during the installment payment period

Suggested Schedules

1. Schedule 1 - Property Specification: Detailed technical specifications of the mobile home

2. Schedule 2 - Payment Schedule: Detailed breakdown of installment payments and due dates

3. Schedule 3 - Condition Report: Current condition of the mobile home at time of sale

4. Appendix A - Site Rules: Rules governing the site where the mobile home will be located

5. Appendix B - Warranty Documentation: Copies of any manufacturer warranties or guarantees

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

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Relevant Industries
Relevant Teams
Relevant Roles
Industries

Mobile Homes Act 1983: Primary legislation governing mobile home agreements in England, defining rights and obligations of mobile home owners and site owners, including implied terms and requirements for written statements

Mobile Homes (Wales) Act 2013: Welsh-specific legislation that applies in place of the 1983 Act for properties in Wales, containing jurisdiction-specific requirements for mobile homes in Wales

Consumer Credit Act 1974: Regulates credit agreements and installment sales, requiring specific information disclosure and mandatory cooling-off periods

Consumer Rights Act 2015: Ensures fairness in consumer contracts, provides statutory rights and remedies, and addresses unfair contract terms

Financial Services and Markets Act 2000: Regulates financial services and credit arrangements in the UK

Sale of Goods Act 1979: Covers general sale of goods principles applicable to mobile home sales

Unfair Terms in Consumer Contracts Regulations 1999: Though superseded by CRA 2015, provides useful guidance on unfair terms in consumer contracts

Consumer Protection from Unfair Trading Regulations 2008: Prevents misleading practices in sales and ensures consumer protection in trading

Financial Conduct Authority (FCA) Regulations: Regulatory framework for consumer credit agreements and financial aspects of mobile home sales

Local Authority Housing Regulations: Local government requirements for mobile home site licensing and compliance

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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