How long are records pertaining to the sale of manufactured homes required to be kept by dealers?

Dealers are required to keep records pertaining to the sale of manufactured homes for at least three years. This duration aligns with regulatory requirements, which often mandate that key business records—including sales data, contracts, and warranty information—be retained for a specified period.

Maintaining records for three years ensures that dealers can provide necessary documentation in case of audits, disputes, or warranty claims. This timeframe is also considered a reasonable balance between managing record retention and the practicality of keeping such records available for review.

Choosing a shorter duration, such as one year, may not be sufficient for addressing potential issues that could arise even after a sale is completed, while keeping records indefinitely may lead to unnecessary storage costs and management complexities. The three-year period allows dealers to comply with accountability standards while also being efficient in their record-keeping practices.