What is the primary purpose of the New Mexico Manufactured Housing Act?

The primary purpose of the New Mexico Manufactured Housing Act is to regulate the sale, installation, and regulation of manufactured homes. This legislation establishes the framework within which manufactured homes are bought and sold, ensuring compliance with safety standards and consumer protection measures. By outlining the necessary procedures and requirements, the Act serves to safeguard the interests of both buyers and sellers, promoting transparency and fairness in transactions involving manufactured housing.

The focus on regulation includes not only the sale but also the installation of these homes to guarantee that they meet state safety standards and are properly sited. This comprehensive approach is crucial for maintaining the integrity of the housing market, providing a structured environment where manufactured homes can be effectively integrated into communities while ensuring that consumers’ rights are protected.

Contextually, options such as facilitating construction, defining zoning regulations, or establishing homeownership incentives do not capture the full scope of the Act's intent. While these aspects may indirectly relate to the housing market, the direct aim of the New Mexico Manufactured Housing Act is specifically about the operational standards and regulatory oversight necessary for the manufactured housing sector.