Examples of Manufactured home lot in a sentence
The existing manufac- tured home being traded-in shall be clearly identified, and the borrower’s equity in the home shall be based upon the retail value of the home and appur- tenances (as determined by a HUD-ap- proved appraisal), less the total of all loans outstanding on the home and ap- purtenances.(c) Manufactured home lot loans.
Manufactured home lot renters in any given Regional Submarket do not consider leases in other Regional Submarket as adequate substitutes for manufactured home lot leases in their own submarket.
Manufactured home lot rental prices steadily increased by approximately 2.3% per year between 2010 and 2018, approximately in line with the average annual inflation (CPI) of 1.8% during this period.
Manufactured home lot rents increased above the rental prices for similar housing.The next most comparable rental market for manufactured home lots is the rental market for detached single family homes, because both rental properties must be large enough to support a detached home (as opposed to townhome or rowhouse) and are typically found in more suburban and rural areas.
Manufactured home lot means a designated portion of a manufactured home park designed for the accommodation of one manufactured home and one accessory building not to exceed 200 square feet for the exclusive use of the occupants.