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MS HB596
Bill
Status
2/28/2017
Primary Sponsor
Timmy Ladner
Click for details
AI Summary
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Allows owners of manufactured homes or mobile homes sold for taxes to redeem the property within one year after the sale by paying the tax collector all taxes, sale costs, 5% damages on the taxes, and 1.5% monthly interest.
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Requires the chancery clerk to execute a release of all state or purchaser claims to the property upon redemption payment, operating as a quitclaim deed.
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Directs the chancery clerk to provide written notice to the home owner and any lienholders 45-90 days before the redemption period expires, using the same form and manner as notices for land sold for taxes.
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Establishes that the chancery clerk has the same duties regarding manufactured home tax sales and redemptions as they have for land sold for taxes.
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Takes effect July 1, 2017.
Legislative Description
Mobile homes; give owner of one year to redeem the property after sold for taxes.
Last Action
Died In Committee
2/28/2017