Bill Of Sale Massachusetts Template For Mobile Home
Description
How to fill out Massachusetts Bill Of Sale Package?
How to locate professional legal documents that align with your state legislation and arrange the Bill Of Sale Massachusetts Template For Mobile Home without consulting a lawyer.
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FAQ
Mobile/manufactured homes located within a licensed manufactured housing community are exempt from local taxes and are instead subject to a monthly occupancy fee payable to the community operator. Real property on which mobile/manufactured homes are situated in such communities are taxable as real property.
The Massachusetts sales tax is imposed only on sales of tangible personal property. See G.L. C. 64H, § 2. The Supreme Judicial Court held that if a mobile home acquires the characteristics of a conventional home, the mobile home ceases to be tangible personal property and becomes real estate.
Interesting note: The state of Massachusetts does not often use mobile home titles. A Bill of Sale is most common to show proof of ownership. The Registry of Motor Vehicles does not recognize manufactured homes as titleable vehicles, although mobile homes must be registered if put on the road to move.
You should include the following information in your Bill of Sale:Seller and buyer information.Region and county.Item being sold and its description.Price, sales tax, and form of payment.Loans and liens on the item, if applicable.