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Why is a Colorado Manufactured Home Bond Required?
The Manufactured Housing Home Sale Deposit Bond is required by the Attorney General of the State of Colorado to protect purchasers of manufactured homes for any loss suffered due to violations of state regulations or codes.
The Installer of Manufactured Homes Bond is required by the Division of Housing, a political subdivision of the State of Colorado, for those engaged in the business of installing manufactured housing in the State of Colorado pursuant to the standards adopted by the Colorado State Housing Board and enforced by the Division of Housing. The purpose of this surety bond is to indemnify owners of manufactured homes for any loss suffered by reason of the violation of the conditions or the provisions of § 24-32-3315(2) C.R.S.
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