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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.

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10y ago

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Related Questions

Are mobile homes personal property?

A mobile home may be a personal property but this is not obligatory.


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.


Is a mobile home classified as personal property?

Yes it is a movable asset, so it could be classified as personal property.


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.


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.


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 exempt personal property?

That would depend on the tax laws wherever you live. -You haven't told us that !


What is jiya manek's mobile number and email ID?

Google ID's and Mobile Numbers are not discussed online. They are personal property of the people. They can share if they want but cannot be taken by force.


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.


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 there is a battle over ownership of a mobile home can i get insurance on my personal belongings without the current owners permission?

A Tenant's form will cover you own property and liability regardless of the ownership on the premises. It will not provide any coverage on the mobile home or liability as owner of that property.

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