Senate committee substitute makes the following changes to the 1st edition:

Amends GS 143-143.21A, Purchase agreements; buyer cancellations, deleting language which required purchase agreements for manufactured homes to include the estimated terms of financing the purchase. Deletes language which required the dealer to return the deposit or payment price if the dealer changes material terms of the purchase agreement.  Also deletes language that required the return of payment within three days of any change by the dealer of the purchase agreement. Deletes requirement that the buyer receive another three-day cancellation period each time the dealer gives the buyer a new set of financing terms. Makes technical and conforming changes.

Makes a clarifying change to the effective date clause.