Maine Agreement to Set Mobile Home to New Location

State:
Multi-State
Control #:
US-04313BG
Format:
Word; 
Rich Text
Instant download

Description

A mobile home may be defined as a movable or portable dwelling built on a chassis, connected to utilities, designed without a permanent foundation, and intended for year-round living. There has been a tremendous rise in the number of mobile homes purchased, and correspondingly, more land being used for mobile home park purposes.


This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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  • Preview Agreement to Set Mobile Home to New Location
  • Preview Agreement to Set Mobile Home to New Location
  • Preview Agreement to Set Mobile Home to New Location
  • Preview Agreement to Set Mobile Home to New Location

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FAQ

The SCRA includes mobile homes in the definition of personal property. Therefore, even though Maine law considers mobile homes to be real estate, Maine mobile homes owned by nonresident servicemembers are exempt from property tax.

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.).

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.

Mobile Home Moving Costs It usually costs between $2,000 and $5,000 to move a mobile home less than 100 miles, although it may cost as little as $1,000 in some circumstances. If you're moving a mobile home more than 100 miles, expect to pay $6 to $15 per mile or up to $15,000 in transport costs alone.

In general, mobile homes depreciate at about 3-3.5% a year. Working out how much your manufactured house has depreciated can help you to fairly accurately determine the current value of your home. For example, a home that originally cost $50,000 will be worth $ 41,000 after six years.

Location! Now, it is impossible to say that all mobile homes will always appreciate over time or retain its value. But, contrary to popular belief, mobile homes' values do tend to appreciate over time rather than depreciate. In fact, mobile homes generally increase in value at the same rate as other homes in the area.

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.

To transport your mobile home, you will want to hire a professional company who specialize in moving large homes. The mobile home will be placed on a large flat-bed and towed. Prices are based on the distance and differ if you are moving a single or double wide home.

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Maine Agreement to Set Mobile Home to New Location