Okla. Admin. Code § 765:36-5-1

Current through Vol. 42, No. 4, November 1, 2024

Section 765:36-5-1 - Manufactured home sales agreement required

(a)Agreement. A manufactured home sales agreement shall be required in the sale of manufactured homes to a manufactured home dealer. The agreement shall set forth the respective rights, duties and obligations of each party.

(b)Content. The manufactured home sales agreement shall:

(1) Be in writing;

(2) Provide that the manufactured home dealer shall have authority to sell the manufacturer's product;

(3) Provide that the manufactured home manufacturer shall have sufficient personnel and materials to service any of its manufactured homes sold in this state within a reasonable time which shall not exceed 60 days from the date the purchaser requests service in writing from either the dealer or manufacturer.

(4) Provide parts to the dealer to do warranty work at no cost, and parts for nonwarranty work at normal dealer cost within the warranty period.

(5) Set forth the agreement of the parties by which the amount of compensation paid to the dealer for performing warranty work for the manufacturer is to be determined;

(6) Provide for such continuing compensation to the dealer for performing warranty work on the manufacturer's product sold by the dealer, if such work is performed after termination, cancellation or nonrenewal of the sales agreement and during any period that the manufacturer's warranty extends to the product;

(7) Provide that either party shall give the other at least 30 days' written notice of its intent to terminate, cancel or not renew the sales agreement; and

(8) Set forth the terms by which the repurchase of the dealer's inventory by the manufacturer who supplied such inventory in the event of termination, cancellation or nonrenewal of the sales agreement.

Okla. Admin. Code § 765:36-5-1

Added at 17 Ok Reg 2724, eff 6-25-00