Mobile Home Form For Rent In Michigan
Description
Form popularity
FAQ
Real property includes land plus the buildings and fixtures permanently attached to it. Real property taxes are assessed on agricultural, commercial, industrial, residential and utility property. Personal property is property that is not permanently affixed to land: e.g., equipment, furniture, tools and computers.
(a) A mobile home is "affixed" to real property if it meets all of the following: (i) The wheels, towing hitches, and running gear are removed. (ii) It is attached to a foundation or other support system.
If the mobile home owner doesn't own the land, it's considered personal property and an annual license tax is levied on the property by the Department of Vehicle Motors.
In Michigan, manufactured homes are treated as personal property rather than real property. As such, they are titled just like a vehicle with ownership records maintained by the Secretary of State. The vehicle title can subsequently be retired via affixture, allowing the ownership of the property to run with the land.
Ing to some experts, the country's average mobile home lot rent is $380 per month. However, the rate varies depending on several factors and could start from as low as $100 and go to as high as $900. For your information, a larger organization usually presents standardized lot rents compared to small parks.