What must sellers of manufactured homes in Tennessee provide to buyers?

Sellers of manufactured homes in Tennessee are required to provide a disclosure statement that outlines the home's condition and any known defects. This disclosure statement is essential for transparency, as it informs potential buyers of any issues that may affect the property's value or livability.

Providing this information allows buyers to make informed decisions before completing the purchase. It enhances the buyer's trust and protects their rights by ensuring they are aware of the property's true condition. The requirement for this disclosure is part of Tennessee's efforts to promote fair housing practices and safeguard consumers in real estate transactions, particularly in the manufactured home market.

The other options, such as a warranty certificate, a contract with a real estate agent, or a payment plan, are not universally mandated in the same way as the disclosure statement. While warranties may be offered and contracts with agents can be beneficial, they are not required by law for the sale of manufactured homes.