Section 18038.7 Of Chapter 5. Sales And Escrows From California Health And Safety Code >> Division 13. >> Part 2. >> Chapter 5.
18038.7
. No deficiency judgment shall lie in any event, after the
sale of any manufactured home, mobilehome, commercial coach, truck
camper, or floating home subject to registration pursuant to this
part, for failure of the purchaser to complete his or her sale
contract given to the seller to secure payment of the balance of the
purchase price of the manufactured home, mobilehome, commercial
coach, truck camper, or floating home. This section shall not apply
in the event there is substantial damage to the manufactured home,
mobilehome, commercial coach, truck camper, or floating home other
than wear and tear from normal usage.
In addition, no deficiency judgment shall lie in any event under a
deed of trust or mortgage or note on a floating home serving as a
dwelling for not more than four families given to a lender to secure
payment of a loan which was in fact used to pay for all or part of
the purchase price of that dwelling occupied, entirely or in part, by
the purchaser.