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MO HB1584
Bill
Status
4/22/2010
Primary Sponsor
Kenny Jones
Click for details
AI Summary
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Expands the definition of "manufactured home" to include structures meeting federal HUD standards regardless of size, and clarifies manufactured homes can be real estate or personal property depending on affixation status.
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Creates a detailed process for converting manufactured homes to real estate through recording affidavits of affixation with county recorders and surrendering manufacturer's certificates of origin or titles to the director of revenue.
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Establishes procedures for landowners to claim liens against abandoned manufactured homes for unpaid rent, including notice requirements, redemption rights, and processes to obtain lien titles for foreclosure.
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Modifies security interest perfection rules by requiring liens on manufactured homes to be filed with the director of revenue under sections 700.350-700.390 rather than under the Uniform Commercial Code Article 9 filing system.
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Updates taxation, banking, consumer credit, and property law statutes to accommodate manufactured homes as either real property (when permanently affixed) or personal property (when not affixed), affecting assessment, titling, and financing regulations.
Legislative Description
Changes the laws regarding manufactured homes
Last Action
Second Read and Referred: Ways and Means (S)
4/26/2010