manufactured home to "real estate"

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bob and sharon

manufactured home to "real estate"

Post by bob and sharon » Wed Jan 23, 2002 8:13 pm

HAVING SUCCESSFULLY CONTINUED 12 YEARS IN THE MANUFACTURED HOME "REAL" FOUNDATION CONSTRUCTION BUSINESS IN THR DFW, TX.
AREA WE BELIEVE WE HAVE ALL THE RELATED ANSWERS,HOWEVER,
THE QUESTIONS KEEP CHANGING. IN REGARD TO THE LAND/HOME REAL
ESTATE MODE M/H TRANSACTIONS THE STATE STATUTES ADDRESS THE NEED FOR A SURRENERED TITLE TO THE M/H IN ORDER TO CHANGE THE PERSONAL PROPERTY CLASSIFICATION OF THE M/H STRUCTURE TO THE
"REAL ESTATE DEFINITION. IN ORDER TO DO THAT THE M/H MUST BE
INSTALLED AS A PERMANENTLY AFFIXED STRUCTURE USING A FOUNDATION SYSTEM WHICH THE STATE "SUPPOSEDLY" HAS A DEFINITION. WHEELS,AXLES,RUNNING GEAR BEING REMOVED AND
CONNENTIONS TO APPLICABLE UTILITIES ARE PART OF,BUT NOT THE
TOTAL "PERMANENT ATTACHMENT" THEORY AS WE UNDERSTAND.
QUESTION?? WHAT/WHERE IS THE STATE DEFINITION THAT IS
COMPLETE,AS WELL AS ANY FORMS, EXHIBITS AVAILABLE????????

David Oxhandler

Re: manufactured home to "real estate"

Post by David Oxhandler » Wed Jan 23, 2002 9:58 pm

Each state regulates these matters in its own way... For infomation about Texas try :
Texas Manufactured Housing Assn.
P.O. Box 14428
Austin, TX 78761
(512) 459-1221
(512) 459-1511 fax
You can find free contact infomation for the MH Association in your state in our MH Associations Data Base


webmaster

lgo_arch

Re: manufactured home to "real estate"

Post by lgo_arch » Thu Jan 24, 2002 12:47 pm

Also try reviewing the new HB1869 which took effect 1-1-2002. I believe it can simplify your situation. As i understand the bill, MH's purchased/sold after 1-1 (wether on leased or on private land) are considered "real" property for purposes of title and taxing. I do not know about MH's owned prior to 1-1-2002. I myself relocated my home to private land just before 1-1 (TXDOT isn't issuing permits...long story) & when i contacted the Appraisal District to update for taxes i was notified that i can "tie" the home with the land...efectually making the home/land combination one "real" property entity. However, i have a choice in not doing that...since my home was placed prior to the bill taking effect. I'm not sure how this effects MH's still in leased space (i.e. in a park). Anyway...i do know that MH's purchased/sold after 1-1-2002 must have a closing in a licensed title company....just like site-built homes. All titles prior to 1-1-2002 are considered personal property, therefore I would think transfer of title into a "real property" could be as simple as converting through a re-closing in a title company setting and therefore legitimizing the title to "real property". Am I wrong?

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