Mobile Home Lien Release Form

State:
Multi-State
Control #:
US-00432
Format:
Word; 
Rich Text
Instant download

Description

The Mobile home lien release form is a crucial document used to formally release any liens on a mobile home, ensuring the buyer receives clear title upon purchase. This form facilitates the removal of claims made by creditors against the mobile home, thereby allowing the transaction to proceed without legal complications. Key features of the form include sections for detailing the sale price, buyer's and seller's information, and disclosures regarding any existing liens. Users are instructed to clearly specify any liens if they exist and decide whether the buyer will assume these claims. For attorneys, this form serves as a safeguard in property transactions, ensuring all legal obligations are met. Partners and owners can utilize the document to protect their investments and clarify ownership rights. Paralegals and legal assistants can assist clients by accurately filling out the form and ensuring compliance with local regulations. Since clear title is vital for sales and transfers of mobile homes, this form is essential for maintaining smooth business operations in real estate transactions involving mobile homes.
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  • Preview Bill of Sale of Mobile Home with or without Existing Lien
  • Preview Bill of Sale of Mobile Home with or without Existing Lien

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FAQ

A buyer cannot change their manufactured home from personal to real property unless they attach it to land they own or lease under a qualifying, long-term lease. They also need the approval of each lien holder and must place the lien holders' written consent on file with the TDHCA.

When applying, please have a copy of the Manufactured Home title certificate and a copy of the most recent real property tax receipt for the manufactured home. The fee for the detitle permit is $53. The home must also be affixed to the property.

To transfer the title, take your current Certificate of Title and a tax clearance form from the Treasurer of the county in which the mobile home was located which states that all the personal property mobile home taxes have been paid on the unit.

You fill out a T-234, submit it to the tax commissioner where the property is located, along with the title to the mobile home. The title gets retired with the State of Georgia, and now the mobile home is no longer separately titled or taxed, and is simply part of the real property, just like house would be.

If you're interested in de-titling your home, you must submit all of the following:Stamped Manufactured Home Affidavit or the Retirement of Title Certificate.Home's SC title.Lien release (if applicable)Current paid property tax receipt.$50 de-titling fee.

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Mobile Home Lien Release Form