NAC489.785. Records of sales: Maintenance; contents; availability.  


Latest version.
  •      1. A landlord of a mobile home park shall maintain a permanent record of each sale of a used mobile home or manufactured home located in the mobile home park that is authorized pursuant to a limited resale license. The record must include:

         (a) A copy of the certificate of title or certificate of ownership of the used mobile home or manufactured home;

         (b) A copy of the purchase agreement;

         (c) A copy of any financing agreement related to the sale;

         (d) The date on which the landlord received the money from the sale and the name of the person from whom the landlord received the money;

         (e) The date of deposit of the money received from the sale into an account in a financial institution and the dates of any withdrawals of that money from that account; and

         (f) Any other pertinent information concerning the sale.

         2. The records maintained pursuant to subsection 1 must be made available at reasonable times for audit or inspection by the Administrator or his or her agent.

     (Added to NAC by Mfd. Housing Div. by R036-03, eff. 9-24-2003)