MI HB4304

Mobile home park owners may declare a mobile home abandoned if a court restores possession to the park owner, the home is unoccupied for 90+ days or rent is unpaid for 10+ days after the court order, and indebtedness related to the lease is delinquent.

Park owners must calculate fair market value using industry standards, affix notice of intent on the mobile home, send certified notice with the appraisal to the owner and lienholders, and file notice with the secretary of state before declaring abandonment.

If fair market value exceeds unpaid rent, fees, and utility charges, the park owner must send the mobile home owner a check for the excess amount with specific disclosure language; accepting payment constitutes agreement that the valuation is accurate.

Mobile home owners or lienholders have 30-60 days after notice is postmarked to remove the mobile home or claim it; lienholders may retain ownership by paying accrued rent and continuing monthly payments, otherwise all liens are extinguished.

Park owners may apply to the secretary of state for title to abandoned mobile homes and must remit any unclaimed excess value to the department of treasury under the uniform unclaimed property act; this act takes effect only if all related bills (HB 4298-4303) are enacted.