Finance Code § 347.003
A lease or bailment of a manufactured home is treated as a credit transaction if the lessee or bailee pays an amount roughly equal to the home’s value and can become the owner, or has the option to become the owner, for nominal or no extra consideration.
- Jurisdiction
- United States — Texas
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- Code
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- Language
- en
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bailment leasing manufactured homes
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Finance Code § 347.003
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