Manufactured, Mobile and Factory Built Home Bonds

Manufactured home dealers, installers and manufacturers are required by the Department of Housing of the State of Arizona to furnish a surety bond in conjunction with licensing applications. The bond limit ranges from $5,000 to $100,000 based on the applicant's license classification. The purpose of this surety bond is to guarantee compliance with the provisions of Articles 1, 2, 3, 4, and 5, Chapter 37, Title 41, Arizona Revised Statutes, and the Rules adopted thereafter by the Department of Housing. The bond is written specifically for the the benefit of; any manufactured home, mobile home, factory-built building or subassembly purchaser who is damaged by the failure of the principal to perform a sales or installation agreement or fails to perform repairs under a warranty, as provided by A.R.S. § 41-4029 (D); or The Director of the Department of Housing, if the principal owes monies to the Department under the provision of Articles 1, 2, 3, 4, and 5, Chapter 37, Title 41, Arizona Revised Statutes.