Summary of the Introduced Bill

HB 1198 -- Manufactured Home Liens

Sponsor:  Cunningham (86)

This bill requires any individual owner of a manufactured home,
when converting it to real property by attaching the home to a
permanent foundation on real estate, to surrender the certificate
of title to the Director of the Department of Revenue and to
register the home with the recorder of deeds and the tax assessor
for the county where the manufactured home is converted to real
estate.  Currently, the department director mails confirmation of
each notice of lien to the lienholder no later than 15 business
days after the filing of the notice of lien.  The bill requires
the department director to notify each lienholder of the
surrender of any certificate of title for a manufactured home no
later than 15 business days after receiving a certificate of
title for cancellation.  Lienholders who file timely are also
allowed to retain their lien in the manufactured home as real
estate continuously without interruption and have priority over
subsequently filed liens.

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Missouri House of Representatives
93rd General Assembly, 2nd Regular Session
Last Updated November 29, 2006 at 9:42 am