n Do you have to be an MHP dealer to convert a POH to a TOH? The short answer is yes. Take this with a grain of salt, though, as there are a few exceptions. First, it depends on how many deals you’re pursuing. If you’re only doing one or two a year, depending on the state you’re living in, you may be in the clear.
But if you want to be able to move freely and do a lot of homes, you will in all likelihood need an MHP dealer license in the state you’re in. This is not a rule to try and bypass as an MHP hopeful. The powers that be will come cracking down on that if they get the sense that you’re operating out of compliance.
Park Owners Converting POHs to TOHs
As a park owner, you can convert a POH into tenant owned homes. But there are some rules in some states that you can get in trouble for ignoring. Here, it boils down to how you do it, especially if you’re offering a lease to own type of option. This is something states tend to get particular about.
But let’s say you have some older homes on your lot, and you decide to give them away to the tenants. You won’t need an MHP dealer license for that. But if you’re trying to rent to own those homes, count on needing one. And, if you’re bringing in new homes and selling them, you’ll need an MHP dealer license for that as well.
Working With The MHP Expert
Need some more questions answered about the MHP industry? As always, the MHP Expert is here to help! Head on over to our services page to see the extent of our support offerings. Then, contact us today to learn more.