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What else can I help you with?
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?
Well, honey, in Canada, mobile homes are considered personal property if they can be moved from one location to another. However, if a mobile home is affixed to a permanent foundation and connected to utilities, it may be classified as real property. So, it really depends on how rooted that mobile home is - kind of like deciding if you're a city slicker or a country bumpkin.
Is a mobile home real or personal property in Washington can you put a lien on someones mobile home that's in a mobile home park?
In Washington, a mobile home can be classified as either real property or personal property, depending on whether it is permanently affixed to the land. If the mobile home is not affixed to the land and is located in a mobile home park, it is considered personal property. You can place a lien on a mobile home in a park, but the process and requirements may vary, so it's advisable to consult Washington state laws and possibly seek legal advice for specific situations.
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.
What are the requirements for obtaining a home equity loan for a mobile home?
The requirements for obtaining a home equity loan for a mobile home typically include having good credit, sufficient equity in the mobile home, and meeting the lender's income and debt-to-income ratio criteria. Additionally, the mobile home must be considered real property and not personal property.
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.
Is mobile homes considered real property in Kentucky?
In Kentucky, mobile homes can be considered real property if they are permanently affixed to land and the owner has taken the necessary steps to convert them, such as obtaining a title conversion to real estate. If a mobile home is not permanently affixed and remains on wheels or is movable, it is typically classified as personal property. It's important for owners to follow local regulations and procedures to ensure proper classification.
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.
