Final answer:
The number of times a mobile home owner can cure a default in payment within a 12-month period is determined by state law and lease or loan agreement terms, often with a standard provision allowing one or two cures.
Step-by-step explanation:
The matter of how many times a mobile home owner may cure a default in payment within a 12-month period depends on state law and the terms of the agreement between the mobile home owner and the lender or park owner. Typically, the terms of this arrangement are specified in the lease or loan agreement, and it is common for there to be a limit on the number of times a default can be cured to prevent abuse of the right to remedy the default. A standard provision might allow for the default to be cured once or twice in a 12-month period, but it can vary greatly. It is crucial for the mobile home owner to consult their specific contract and possibly seek legal advice to understand their rights and obligations.