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MS HB815
Bill
Status
3/3/2020
Primary Sponsor
Donnie Scoggin
Click for details
AI Summary
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Allows owners of manufactured or mobile homes sold for taxes to redeem the property within two years after the sale by paying all taxes owed, sale costs, 5% damages on the taxes, and monthly interest of 1.5%.
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Permits any person with the owner's consent or any interested party to redeem the property on the owner's behalf using the same redemption terms.
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Requires the chancery clerk to provide written notice to the home owner and any lienholders between 45 and 90 days before the redemption period expires, using the same form and manner as notices for land sold for taxes.
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Upon redemption payment to the chancery clerk, the clerk must issue a quitclaim release that eliminates all state or purchaser claims to the property.
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Takes effect July 1, 2020.
Legislative Description
Mobile homes; give owner of two years to redeem the property after sold for taxes.
Last Action
Died In Committee
3/3/2020