House Bill No. introduced by T. Falk aims to revise the laws regarding the classification of manufactured homes as improvements to real property. The bill provides an alternative process for certain manufactured homes that lack identification tags, specifically those built before October 1, 2005. The amended Section 15-1-116 outlines the requirements for a manufactured home to be considered an improvement to real property, including the removal of running gear, attachment to a permanent foundation, and the recording of a statement of intent with the county clerk and recorder. Notably, the bill allows for the consideration of manufactured homes as improvements even if they do not have the required identification tags, provided that they have been taxed as real property for at least one year.
Additionally, the bill includes an immediate effective date upon passage and approval. The new provisions ensure that owners of manufactured homes without identification tags can still achieve the same legal status as those with proper documentation, thereby facilitating their treatment by lending institutions and the department as equivalent to other residences classified as improvements to real property.
Statutes affected: LC Text: 15-1-116
HB0785_1(1): 15-1-116
HB0785_1(2): 15-1-116
HB0785_1(3): 15-1-116
HB0785_1(4): 15-1-116
HB0785_1(5): 15-1-116
HB0785_1(6): 15-1-116
HB0785_1(7): 15-1-116
HB0785_1(8): 15-1-116
HB0785_1: 15-1-116
HB0785_2(1): 15-1-116
HB0785_2(2): 15-1-116
HB0785_2(3): 15-1-116
HB0785_2(4): 15-1-116
HB0785_2(5): 15-1-116
HB0785_2(6): 15-1-116
HB0785_2: 15-1-116