MN SF3251

Allows manufactured home owners to surrender their manufacturer's certificate of origin or certificate of title to the state for cancellation, converting the home from personal property to a real property improvement when affixed to land owned by a Minnesota nonprofit corporation or cooperative.

Requires homeowners to file an affidavit of affixation with the county recorder or registrar of titles that includes the home's description, legal property description, proof of tax payment, and owner information.

Prevents cancellation of a manufactured home's certificate of title if a perfected security interest exists; secured parties must release or satisfy their interest before the home can be converted to real property status.

Allows secured parties to record a notice indicating a manufactured home is encumbered by a perfected security interest and is not a real property improvement; the notice can be released or satisfied when the security interest is paid off.

Requires nonprofit corporations or cooperatives to prepare and record a scaled drawing prepared by a licensed land surveyor showing lot locations, dimensions, structural improvements, easements, and boundaries if the homeowner's portion has not been subdivided.

Amends property tax law to allow manufactured homes affixed to land owned by a Minnesota nonprofit corporation or cooperative (where the owner is a member) to be valued and assessed as real property improvements.