Maine Mobile Home Purchase Agreement
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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.
Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.
Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.
If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
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FAQ
Personal property tax. Mobile homes are not subject to personal property tax.
So, when is the best time to actually buy a mobile home? Midsummer, the week of Thanksgiving, and pretty much any time in December are the opportunities for people shopping for a mobile home to see the least amount of competition.
If you bought a trailer (new or used) for personal use that is not a large semi-trailer (GVW over 50,000 lbs.), 5.5% Maine Sales Tax is due on the amount paid for the trailer.
Buildings, mobile homes, camper trailers and other things that are affixed to leased land or land not owned by the owner of the buildings must be taxed as real estate in the place where that land is located. Mobile homes, except stock in trade, are considered real estate for purposes of taxation under this Part.
A disadvantage of buying a mobile home is that its value will depreciate quickly. Like a new car, once a mobile home leaves the factory, it quickly drops in value. Stick-built homes, on the other hand, normally appreciate in value over time because the stick-built home owner almost always owns the underlying land.
Bring forms (Title, Bill of sale, and Application of Maine Certificate of Title) to your local Motor Vehicle branch office in the county to pay transfer tax, fees, and transfer ownership.
Sales of used mobile and modular homes are exempt from Maine sales or use tax. "Mobile and modular homes" includes any unit that falls within the definition of "manu- factured housing" as set forth in the Manufactured Housing Act (10 MRSAe9001 et seq.).
When you visit the Maine DMV, you will need to provide the following information to complete the title transfer process:Your driver's license.The original title.Odometer reading.Proof of insurance.Proof of payment of excise tax.Payment for the title transfer fee.
