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MHPHOA Glossary

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C – MHP Glossary of Terms and Definitions

Mobile Home Park glossary of terms starting with the letter C, abbreviations, acronyms, initialisms, and definitions of each.

C

CAR
California Association of Realtors
CARA
California Alliance for Retired Americans
Cash Cow
Business jargon for mobile/manufactured homes that provide positive cash flows and a return on assets (ROA) that exceeds the market growth rate – Cash Cows generate unusually high profit margins.
CC&Rs
Covenants, Conventions and Restrictions
CCM
Cascade Corporate Management
Chattel Mortgage
Under a typical Chattel Mortgage, the purchaser borrows funds for the purchase of movable personal property, the chattel (mobile home), from the lender. The lender then secures the loan with a mortgage over the chattel. Legal ownership of the chattel is transferred to the purchaser at the time of purchase, and the mortgage is removed once the loan has been repaid.
Civil Elder Abuse
Civil law defines civil elder abuse to mean physical abuse, neglect, financial abuse, abandonment, isolation, abduction, or other treatment resulting in physical harm, pain, or mental suffering. It also means the deprivation by a care custodian of goods or services that are necessary to avoid physical harm or mental suffering.
Welfare and Institutions Code Section 15610.07
CMHI
California Manufactured Housing Institute
Coercion
Compulsion; force; duress. It may be either actual, (direct or positive) where physical force is put upon a person to compel them to do an act against their will, or implied, (legal or constructive) where the relation of the parties is such that one is under subjection to the other, and is thereby constrained to do what their free will would refuse.
Compel
Compel means to constrain, oblige and/or coerce someone, in some way, to yield or to do what one wishes e.g. to compel a recalcitrant debtor to pay.
Compulsion
Compulsion refers to the forcible inducement to an act. It also means the act of compelling; the state of being compelled; an uncontrollable inclination to do something; duress. Compulsion can take forms other than physical force. The courts have been indisposed to admit it as a defence for any crime committed through yielding to it. It can best be considered under the heads of obedience to orders, martial coercion, duress per minas, and necessity.
24.0" x 24.0" Cement Pad
Criminal Elder Abuse
Civil law defines civil elder abuse to mean physical abuse, neglect, financial abuse, abandonment, isolation, abduction, or other treatment resulting in physical harm, pain, or mental suffering. It also means the deprivation by a care custodian of goods or services that are necessary to avoid physical harm or mental suffering.
Penal Code Section 368