AZ HB2446

Establishes separate requirements for dealers that own mobile home parks versus those that do not, allowing park-owner dealers to use trust accounts instead of independent escrow accounts under specified conditions.

Requires park-owner dealers to post a $150,000 dealer bond (increased from $100,000) and maintain either a trust account or independent escrow account for earnest monies on home sales within their parks.

Permits purchasers to request independent escrow accounts in writing at the time of signing the purchase contract, which dealers must honor if the seller consents.

Applies escrow requirements to new manufactured homes, new factory-built buildings, and previously owned homes with purchase prices of $50,000 or more; homes under $50,000 may use trust accounts.

Updates terminology throughout the statute from "earnest money" to "earnest monies" and makes minor grammatical corrections to existing escrow account regulations.