What does "affixed to the ground" mean regarding manufactured homes?

Prepare for the New Mexico Manufactured Homes Salesperson Test. Study with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

The phrase "affixed to the ground" in the context of manufactured homes indicates that the home is permanently attached to a foundation, making it not easily movable. When a manufactured home is affixed to the ground, it typically involves securing the structure in such a way that it meets local building codes and regulations, providing stability and safety. This permanence often allows the home to be regarded similarly to traditionally built homes in terms of property ownership and may influence how the home is financed and insured.

This concept is significant because it establishes the legal and structural status of the home, affecting issues such as property taxes, resale value, and the rights of the homeowner. When a manufactured home is anchored and connected to utilities in a permanent manner, it is often classified as real property rather than personal property, which can have considerable implications for ownership and transactions in real estate.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy