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A mobile home may be a personal property but this is not obligatory.
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∙ 10y ago
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Are mobile homes personal or real property in Canada?
Real estate is land; - the mobile home park in which mobile homes are parked would be real estate, but the mobile homes themselves are not real estate, they are the equivalent of large cars that you can live in. A car is personal property rather than real property, and so is a mobile home.
Are mobile homes real property in Texas?
No. Mobile homes are not real property.
Do you have to pay property tax on a trailer?
Yes, in most states in the United States you will pay either a personal property tax or real property tax on a trailer (also known as mobile home or manufactured home). Each state defines what constitutes personal property or real property as the terms relate to mobile homes but typically a mobile home that is permanently fixed to the site is considered real property. If you own land where a temporary mobile home has been placed you could receive a real property tax bill for the land and a personal property tax bill for the mobile home.
Does a mobile home landlord have the right to personal property when mobile home is sold?
The mobile home owner has a right to personal property, NOT the landlord.
Should I declare my mobile home as real property or personal property?
The mobile phone should be declared as a personal property and not a real .property. This is because a mobile phone has a small shelf life.
Are mobile homes real property in the state of Texas?
Yes
Is a mobile home classified as personal property?
Yes it is a movable asset, so it could be classified as personal property.
Can you sell a mobile home that is on your property?
Yes. Most mobile homes and manufactured homes carry a title just like the title to a vehicle. If the mobile home is on your property and you want to sell it, contact your state government and request a title for the mobile home. After acquiring the title in your name you are free to do with it what you want.
To sell a trailer that sits on a rented lot should it be advertised as ground rent or fee simple?
Laws vary from state to state. Which state is the property in? Also, Mobile Homes (manufactured homes or trailers) are not considered Real Estate, but are Personal Property, which means that they cannot be a Fee Simple Estate, because this term refers to Real Property. (At least this is true in my state, Nevada) Mobile homes are generally sold in much the same way as a motor vehicle is sold and registered.
Can you get a loan for a mobile home as personal loan?
You can get a "personal property loan" for mobile homes as long as it's a loan for the home only.A personal loan is an unsecured loan in which you don't have to give any security. But some banks can ask for a guarantor or security. The terms and conditions varied as per lenders. The benefits are:Minimum documents required.
Do you have to list your mobile home as an asset on rental application if the mobile home is personal property?
Yes. It is an asset. An asset includes personnel property you own.
Are modular homes considered real or personal property?
Real, like all real estate.
