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Can they put a lean on a mobile home that you own and rent the lot if you do not pay HOA fees?
Wiki User
∙ 10y ago
Yes.
Read your governing documents to determine your responsiblities to pay assessments.
A savvy board may well step into the revenue stream that you enjoy from the rental of your property, as a way to collect the assessments that you owe.
As well, the association can lien your title, and finally, sell your lot should you continue to resist paying what you owe.
Wiki User
∙ 10y ago
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What are mobile fees?
Your pad rent, and garbage, upkeep, and maintenance if any apply.
Is it cheaper to live in a mobile home?
Yes in most cases. -In general, electric costs are lower, taxes are lower and home repairs cost less. -This is assuming you have a 'reasonable pad rent fee'. Pad rent fees range from 350 to over 700 in my area, and there really is no justification for the highest fees.
What happens if your mobile home is voluntarily repossessed and it is in a mobile home park?
The bank or current lien holder will take possession of the mobile home after the required steps of repossession takes place. The bank or current lien holder of the mobile home is responsible for paying the lot rent unless the mobile home is sold to a secondary party such as an investor. At this point, the lot rent follows the ownership of the mobile home. In most cases, the larger banks who specialize in mobile home financing will pay atleast a portion of the lot rent. It is very important to contact the park owner to verify the amount of park rent that is due. This is very negotiable especially if the new owner of the mobile home plans on leaving the mobile home in the park. Note: The park owner is a great prospect to sell this mobile home to.
Can a lien be put on a mobile home that is on rented land when rent has not been paid for years?
Yes. The property can obtain a judgment for delinquent rent payments. The mobile home could be sold if the debtor doesn't pay the judgment.Yes. The property can obtain a judgment for delinquent rent payments. The mobile home could be sold if the debtor doesn't pay the judgment.Yes. The property can obtain a judgment for delinquent rent payments. The mobile home could be sold if the debtor doesn't pay the judgment.Yes. The property can obtain a judgment for delinquent rent payments. The mobile home could be sold if the debtor doesn't pay the judgment.
Can you add your Mobile home lot rent to your bankruptcy?
Your rent, whether for a mobile home lot or anything else, is not a debt, but rather an ongoing monthly fee for your right to occupy that dwelling or structure. As such, it cannot be admitted to bankruptcy. If you can't pay the rent, then you can't stay!
What does a mobile home lot rent include?
They vary, It depends on the contract you sign with the park.
Do you have to pay property tax if you rent in a mobile home park?
In most cases, as a renter in a mobile home park, you are not directly responsible for paying property taxes. The park owner or management typically covers property tax expenses, which may be factored into your monthly rent.
How much lot rent can a mobile home park owner collect on mobile home repossesion?
The normal monthly rental amount, minus trash, sewer and water.
How do you get payment on work you have done on mobile home for exchange for rent?
Hopefully this agreement was set down on paper, or the verbal officer was witnessed by a third party. If you performed work on the mobile home in exchange for your rent, there will be no actual exchange of money. You are owed as many months rent-free as the agrement you made with your landlord.
If you cosign for a mobile home are you liable for lot rent?
If you have co-signed as a tenant on the lot then yes you are.
What is a good place in the US to find mobile homes for sale?
There are many websites which sell mobile homes in America. One could look at Trulia, Realtor, Zillow, Home Finder or HUD Home Store to buy or rent a mobile home.
When is bank responsible for paying back rent to mobile home park on a repossessed home?
Typically, they are not responsible for back rent. The mortgage contract the tenant has with with the lender is between the tenant and them. The rental contract you have with the tenant is between the tenant and you, and the lender does not enter into this picture. These are two separate transactions.Insofar as any unpaid back lot rent owed by the former tenants before the foreclosure - the lender is not responsible for these and you would have to file a personal lien against the former tenants. However, you MAY have some leverage to hold the mobile home for the payment of "storage fees" incurred since the date the lender foreclosed before you allow the home to leave the park.
