In the state of Nevada, if you do not make payments on a car you are buying, it can be repossessed with no notice given to you. Once repossessed, you will still be liable for all further payments even if the car is sold at auction to another buyer.
Laws regarding mobile home repossession vary by state, but generally, the lender must follow state-specific procedures to repossess a mobile home if the borrower defaults on the loan. These procedures typically involve giving notice to the borrower, obtaining a court order, and conducting a lawful repossession. It is important for both lenders and borrowers to be aware of the specific laws governing mobile home repossession in their state.
You can claim EIC if you have the filing status 'married filed separately'.
The California laws on any re-possession are extensive and complicated. -Google that exact wording, or inquire at the State Attorney General Office.
It isn't relevant as both states allow repossession of a vehicle under UCC laws (without a breach of peace).
Yes. Nevada is one of several states that has enacted "right-to-cure" laws. This does not only apply to mobile homes, but also to installment loan agreements of all types.
in most US states, legal repossession can take place regardless of location.Ans 2 - Again, not necessarily true. It depends on where you live.In BC , Canada, this comes under the new "Mobile Home Park Tenancy Act" - other provinces of Canada and maybe even some US States may now have similar acts.
In Florida, manufactured home repossession is typically governed by the Uniform Commercial Code (UCC). The lender must follow the specific provisions outlined in the UCC for repossession, which may include providing notice to the borrower and following proper procedures for taking possession of the home. It is recommended to consult with a legal professional for guidance on the specific laws and procedures in Florida regarding manufactured home repossession.
If a borrower defaults on loan payments for a manufactured home in Michigan, the creditor can take the manufactured home. If the manufactured home is real property the repossession and foreclosure is on the manufactured home alone. If the home is being used for residential purposes, the home is repossessed according to personal property laws.
Ia laws on reposesing mobile homes
The re-possession Laws in any state are quite complex. Certainly far too complicated to explain here. You should go to the DMV and get more information from them.
as for the state laws part. a mobile home company/property is considered private property and the city police cannot enforce speeding or sit in a mobile home lot to check for speeders, ie. Although it be private property they have to abide by state laws just like any others, such as a felon in a mobile home park cannot own a firearm just as he wouldn't if he didnt live in a park.
New Jersey has laws governing the sale, use, and maintenance of mobile homes. These laws may cover issues such as titling, registration, zoning regulations, and landlord-tenant rights for mobile home residents. It is important for mobile home owners and residents to be aware of these laws to ensure they are in compliance and protected.