Mhd Form 1056 PDF Details

In the wake of a crisis, swift action to secure housing can become a paramount concern for those affected. Recognizing this urgency, the Texas Department of Housing and Community Affairs offers a particular form designed to expedite the process under specific circumstances. Known as the MHD Form 1056, or the Right of Rescission Waiver, it caters to individuals in counties declared major disaster areas by the governor of Texas. The form is pivotal for those who find themselves in dire need of purchasing a manufactured home due to a bona fide personal emergency stemming from such a disaster. As per the form's stipulations, it is only applicable if less than one year has passed since the disaster declaration. The MHD 1056 form requires thorough documentation, including a statement of the emergency justifying the expedited purchase, and signatures from all parties waiving their right to rescind their purchase decision. Furthermore, it demands the designation of whether the right to rescind and disclosure deadlines will be completely waived or merely modified, requiring explicit detailing of any modifications. All this information ensures that the waiver is both informed and legally binding, acknowledging the gravity of the situation at hand and the importance of the decision to forego standard consumer protections in favor of immediate action.

QuestionAnswer
Form NameMhd Form 1056
Form Length1 pages
Fillable?No
Fillable fields0
Avg. time to fill out15 sec
Other namestx, right of rescission texas, right of rescission waiver form, Texas

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Texas Department of Housing and Community Affairs

MANUFACTURED HOUSING DIVISION

P. O. BOX 12489 Austin, Texas 78711-2489

(800) 500-7074, (512) 475-2200 FAX (512) 475-1109

Internet Address: www.tdhca.state.tx.us/mh/index.htm

RIGHT OF RESCISSION WAIVER

(MUST contain all required information and be signed by all of the consumers entitled to the disclosures and right of rescission)

This form may be used ONLY in a county declared by the governor to be a major disaster area and ONLY under the following circumstances:

•It has been less than one year since the county identified below was declared a major disaster area.

•The undersigned consumer has determined that the purchase of the manufactured home is needed to meet a bona fide personal emergency.

BLOCK 1: Major Disaster Area Declaration Information (Required)

County declared by the governor to be a major disaster area:

Date on which the specified declaration was made:

BLOCK 2: Statement of Facts (Required)

Please provide a written statement in the space below that describes the bona fide personal emergency that necessitates the immediate purchase of the manufactured home.

BLOCK 3: Signatures (Required)

I, the undersigned, do hereby certify that the information provided herein is true and correct and that I have elected to modify or waive the right to rescind and the deadlines for disclosures as follows (check only one box):

WAIVE the right to rescind and the deadlines for disclosures before the execution of the contract that are provided by Occ. Code 1201.164(a).

MODIFY the right to rescind and/or the deadlines for disclosures as follows (each modification MUST be specified):

_______________________________________________________________________________________________________

_______________________________________________________________________________________________________

(Signature)(Signature)

Before me personally appeared the person(s) whose signature(s) appear above, who by being sworn, upon oath,

say that the statements set forth hereinabove are true and correct. Subscribed and sworn before me this

 

day

of

 

20

 

.

 

 

(Name of Notary)

SEAL

(Notary Public)

(Commission Expires)

Notary Public State of Texas

MHD FORM 1056 / WAIVER.DOC

Page 1 of 1

Eff. 07/03/2011

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