General Housing Information

questions & answers

Question: I have sold my manufactured home (Personal property?) on a rented lot in AJ. Are there any rules or regulations as to who and how the check for the sale is sent to me? Can my broker and/or agent deposit the money for me in an account if I'm not able to attend the closing? Thank you.

Answer: If the sale went through an escrow company then the escrow officer can hold the funds until you are able to pick them up. If not, your agent is going to need to deliver a check to you via mail or otherwise so you can deposit the funds in your bank account. Please be advised that you may want to consult with a tax professional to determine what if any tax liabilities you will have as a result of the sale.

QUESTIONS

  • I have sold my manufactured home (Personal property?) on a rented lot in AJ. Are there any rules or regulations as to who and how the check for the sale is sent to me? Can my broker and/or agent deposit the money for me in an account if I'm not able to attend the closing? Thank you.

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