H.B. No. 3395 introduces a new chapter to the Estates Code, specifically Chapter 116, which establishes a legal framework for the beneficiary designation of manufactured homes classified as personal property. This chapter allows owners to designate one or more beneficiaries to whom their interest in the manufactured home will transfer upon their death. The bill outlines definitions for key terms such as "beneficiary designation," "designated beneficiary," and "manufactured home," and specifies that the designation is revocable and can be changed at any time without the consent of the beneficiaries. Additionally, it clarifies that a will cannot revoke or supersede a beneficiary designation.

The bill also includes provisions regarding joint ownership, stating that if a manufactured home is owned by multiple joint owners with the right of survivorship, all owners must make the beneficiary designation. It further stipulates that the designated beneficiaries will take the home subject to any existing encumbrances and that creditor claims will apply similarly to transfers of real property. The bill amends existing definitions in the Estates Code to include beneficiary designations for manufactured homes and establishes procedures for the transfer of ownership to beneficiaries after the owner's death. The act is set to take effect on September 1, 2025.

Statutes affected:
Introduced: Estates Code 122.001, Subchapter E, Chapter , Occupations Code 116.001 (Subchapter E, Chapter , Occupations Code 116, Estates Code 122)
House Committee Report: Estates Code 122.001, Subchapter E, Chapter , Occupations Code 116.001 (Subchapter E, Chapter , Occupations Code 116, Estates Code 122)
Engrossed: Estates Code 122.001, Subchapter E, Chapter , Occupations Code 116.001 (Subchapter E, Chapter , Occupations Code 116, Estates Code 122)
Senate Committee Report: Estates Code 122.001, Subchapter E, Chapter , Occupations Code 116.001 (Subchapter E, Chapter , Occupations Code 116, Estates Code 122)