MS HB1416

Establishes a new procedure for permanently retiring the title of manufactured or mobile homes by filing an affidavit of affixation with the county chancery clerk that includes owner information, home specifications, real property legal description, foundation compliance, utility connections, and lienholder details.

Requires owners or lienholders to file an application with the Department of Revenue after recording the affidavit of affixation, including a deed to the real property and the certificate of title or manufacturer's statement of origin.

Allows owners to sever a manufactured home from real property by filing an affidavit of severance with the chancery clerk, which must include home and property descriptions, security interest information, and be recorded before applying for a new certificate of title with the Department of Revenue.

Provides a procedure for documenting the destruction or uninhabitability of a manufactured home with retired title through an affidavit of destruction filed with the chancery clerk.

Exempts owners of manufactured homes with permanently retired titles from the registration requirements under Section 27-53-5 until they file an affidavit of severance, and establishes that homes with retired titles are taxed as real property improvements effective July 1, 2017.