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In 1908, Sears issued its first specialty catalog for houses, Book of Modern Homes and Building Plans, featuring 44 house styles ranging in price from US $360 (equal to $12,208 today) – $2,890 (equal to $98,003 today). The first mail order for a Sears house was filled that year.
As the lessee now owned both the current and future interests in the land, the lease and release amounted to a conveyance and was held to be equivalent to a feoffment. [4] The original lease and release was devised by Sergeant Moore for the benefit of Lord Norris, "to avoid the unpleasant notoriety of a livery or attornment." [5]
The MHINCC distinguishes among several types of factory-built housing: manufactured homes, modular homes, panelized homes, pre-cut homes, and mobile homes. From the same source, mobile home "is the term used for manufactured homes produced prior to June 15, 1976, when the HUD Code went into effect."
The deed of reconveyance releases the lien the mortgage lender placed on your property. You’ll need this document to prove a clear title when you sell your home.
17992 Dave Anne Circle, Hopewell Twp: Tricorner-Gemcraft Homes to Connor Murray, $399,888 49 Cedar Lane, Hopewell Twp: Randy Wheeler to Glanzir Properties, $165,000 Southern York School District
Manufactured homes are built onto steel beams, and are transported in complete sections to the home site, where they are assembled. Wheels, hitch and axles are removed on site when the home is placed on a permanent foundation. Mobile homes, or trailers, are built on wheels, and can be pulled by a vehicle.
Mobile homes are designed and constructed to be transportable by road in one or two sections. Mobile homes are no larger than 20 m × 6.8 m (65 ft 7 in × 22 ft 4 in) with an internal maximum height of 3.05 m (10 ft 0 in). Legally, mobile homes can still be defined as "caravans".
Clayton Homes established its own mortgage company in 1974 and added a manufacturing division in 1975. [14] The company went public in 1983, trading on the New York Stock Exchange. [15] [14] Each year from 1989 through 1992, Clayton Homes was named on the Forbes list of the best small companies in America. [16]