What are the minimum and maximum value limits for manufactured homes?

Study for the Georgia Manufactured Homes Test. Prepare with flashcards and multiple choice questions, with hints and explanations for each. Get ready for your exam!

The correct minimum and maximum value limits for manufactured homes, which are outlined in the relevant regulations for Georgia, set the minimum at $20,000 and the maximum at $175,000. These figures are significant as they help define the scope of manufactured homes in the state, impacting financing options, insurance coverage, and zoning regulations.

Understanding these value limits is crucial for anyone involved in buying, selling, or financing manufactured homes, as they delineate the boundaries of the market for these types of properties. This affects not only potential buyers and sellers but also financial institutions and service providers who cater to the manufactured homes sector.

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