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Yes, a mobile home is considered tangible property because it is a physical asset that can be touched and moved. Unlike intangible property, which includes things like patents or stocks, tangible property has a physical presence. Mobile homes can be bought, sold, and owned, making them a form of personal property. However, their classification can vary depending on local laws and whether they are placed on a permanent foundation.
What else can I help you with?
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.
Are mobile homes personal property?
A mobile home may be a personal property but this is not obligatory.
When is the foreclosure home a property of the bank?
I have a mobile home on my property that the bank is foreclosing on. The property was not in with the bank loan. They had the locks changed on the mobile home but it has been over two months and they have not came and removed it from my property. What can be done to get them to remove this from my property.
Is a house considered a tangible item pertaining to a will?
Tangible property in law is property that can be touched. A house would be tangible real 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.
Are mobile home parks considered private property in Houston Texas?
MH parks are generally private property anywhere.
What is the difference between tangible property and tangible real property?
Tangible property refers to physical assets that can be touched or seen, such as vehicles or equipment. Tangible real property specifically pertains to physical assets related to real estate, such as land or buildings. In essence, tangible real property is a subset of tangible property, focusing on real estate assets.
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.
Is a mobile home park considered private property and can the state laws affect mobile home rules?
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.
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.
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.
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.
