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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.
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.
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.
If a mobile home is not attached to Texas real property and I default on the mobile home what can the mortgage holder do?
Take the mobile home back and sell it.
In a divorce is a house considered real property?
Generally yes. The land is what constitutes real property and, generally, the house permanently attached to it is part of the real property. Mobile homes may be treated differently. If that is the case, your attorney can confirm if the home is part of the real property in your particular situation.
Is a home personal or real property?
It depends on what you mean by home. If your home is a transportable mobile home installed on a rented lot your home may still be personal property. If you are referring to your private residence that is built on your land then your home is considered real property. Real property is land, any rights that inure to it and anything permanently attached to it.
Are mobile homes real property in Texas?
No. Mobile homes are not real property.
How do you define a mobile home?
A mobile home is just that "a home which is mobile." The mobiles have wheels, unlike a stick house which is attached to a foundation. Mobile homes can be classified as "real property" if the wheels are removed and the home is placed on a permanent foundation.
Is a mobile home real or personal property?
In most states it is considered real property, in those that have to specific law as to how it is categorized the default statute could apply leaving it to the decision of the court. However, homestead exemptions pertaining to mobile homes are quite different than the exemption for a house. Whether or not the land on which the mobile home is located is owned by the dweller could also play a part in how the property is assessed. If you are in California, the double wide is only consdired to be real property by a lender if it is on a permanent foundation.
Is a chandelier considered to be part of home sale?
It it fixed to the bolted to the ceiling, it is real property. If it hangs from a hook, chain, or something similar, it is personal property. Real property is part of the sale.
My mobile home is on some else's land If that land is foreclosed on does my home become part of the foreclosure?
Not unless the mobile home was part of the collateral offered for the loan that is in default or. For example, if the lender gave money to a borrower and secured a lien against land, then you placed the mobile home on the property, the mobile home is your property and was not part of the defaulted loan. You will be required to vacate the land, but should be able to take the mobile home assuming it belongs to you. Generally, true mobile homes are not real estate, they are personal property. A mobile home can become real estate if it is built after the 1970s, has a HUD sticker, is on a foundation and the owner pays property taxes. If this occured and was owned by person who defaulted on the loan, it might be part of defaulted loan. There may be a trustee of record for the foreclosure, if you are unsure about your rights you may contact them or an attorney for information
Is a airplane considered real property or personal property?
An airplane is considered personal property.
