House Bill No. 3527 aims to update the regulation of manufactured homes in Texas by amending several sections of the Business & Commerce Code and the Occupations Code. Key changes include redefining "manufactured home" and "HUD-code manufactured home" to align with the federal definition provided in 42 U.S.C. Section 5402(6). The bill also allows licensees to maintain required records electronically, provided they can produce them upon request. Additionally, it modifies the requirements for retailers regarding consumer disclosures before entering into sales agreements, ensuring that consumers receive clear information about costs and obligations associated with home ownership.
Furthermore, the bill introduces a new section that allows consumers to modify or waive their right of rescission in cases of bona fide personal emergencies, streamlining the process for immediate purchases. This section replaces previous requirements for advance copies of sales contracts and disclosures, emphasizing the need for a written statement from the consumer detailing the emergency. The bill is set to take effect on September 1, 2025, reflecting a significant shift in how manufactured homes are regulated and sold in Texas.
Statutes affected: Introduced: Commerce Code 9.102, Occupations Code 1201.003, Occupations Code 1201.162, Occupations Code 1201.164 (Commerce Code 9, Occupations Code 1201)