When Manufactured Home Considered Real Estate Flashcards

1
Q

Home constructed with transportation in mind and built with a permanent chassis and wheels PRIOR to 1976

A

Mobile Home

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2
Q

Constructed in a factory, towed to its destination, and anchored to the ground and it has permanent chassis and wheels

A

Manufactured Home

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3
Q

This is a home that is not built with transportation in mind and its pieces are constructed offsite, transported to its permanent location and then the build is completed.

A

Modular Home

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4
Q

A manufactured home is transportable and is

A

Personal Property

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5
Q

A manufactured home that is not transportable

A

Real Property

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6
Q

If a manufactured home is personal property, its registration is recorded and the property is titled similar to a

A

motor vehicle

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7
Q

If you want to sell a manufactured home then you could sell it like you sell a car

A

Without the assistance of a real estate licensee

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8
Q

If a manufactured home is real property then its like owning a home

A

Mortgages, deed of trust, title and all that goes along with home ownership.

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