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.
Minnesota Mobile Home Purchase Agreement
Category:
State:
Multi-State
Control #:
US-02474BG
Format:
Word;
PDF;
Rich Text
Instant download
Description
Free preview
How to fill out Mobile Home Purchase Agreement?
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FAQ
In certain circumstances, mobile homes have been converted to real property and are subject to the same legal rules and regulations as traditional homes. Otherwise, mobile homes are not considered real property, but instead personal property.
Yes. However private property may be subject to zoning and land use regulations from ordinances by a municipality. These ordinances may regulate building width, type of foundation, size of buildings and other structures, and the percentage of lot, which may be occupied.
When selling your mobile home, you must transfer the title to the new owner at a Minnesota Department of Motor Vehicles Office. A manufactured home / mobile home title is transferred the same as a motor vehicle except that no excise tax is collected.
Manufactured homes are no longer registered or taxed as a motor vehicle and are not issued license plates. Manufactured homes are taxed as personal or real property and have titles. Minnesota Statutes section 168A.
Long-Term Value A manufactured home can still appreciate in value though, just not as quickly as a traditional home. If you ever decide to sell your manufactured home, you will probably break even or make a little extra money. You shouldn't expect to make too much extra money, though.
The Department of Health has adopted rules governing manufactured home parks, Minnesota Rules chapter 4630.
Be sure to include at least the following information: Mobile home description, including VIN, serial number, make, model, and year. Buyer and seller names, addresses and contact information. Sale date. Sale price, including any taxes. Sale conditions and terms, including warranties or ?as is? status.