What defines a Used Manufactured Home?

A Used Manufactured Home is defined as a housing unit that has been previously sold, rented, or leased. This definition encompasses homes that have had prior ownership or occupancy, distinguishing them clearly from new units. In the context of manufactured housing, a home being labeled as "used" implies that it has been lived in or utilized in some capacity, impacting factors like valuation, financing, and marketability.

The other options represent different categories of manufactured homes. A home that is brand new and unsold clearly falls under the category of new homes, as it hasn't been occupied or sold. A home that is currently under construction is not classified as used, since it has not yet reached the state of being habitable. Model homes available for display are typically new units showcased for sales purposes and are also not considered used, as they have not been lived in or sold prior to their display. Therefore, the correct identification of a Used Manufactured Home is intrinsic to its history of previous sale, rental, or lease.