(1) on a form prescribed by the director, the original transfer of a manufactured
home from the manufacturer to the retailer; and
(2) on a form prescribed by the director, each subsequent transfer of a manufactured
home between retailers and from retailer to owner, if the transfer from retailer to
owner involves a completed application for the issuance of a statement of ownership.
(b) At the first retail sale of a manufactured home, a manufacturer's certificate
automatically converts to a document that does not evidence any ownership interest
in the manufactured home described in the document. A security interest in inventory evidenced by a properly recorded inventory finance
lien automatically converts to a security interest in proceeds and cash proceeds.
(c) After the first retail sale of a manufactured home, the retailer must submit the
original manufacturer's certificate for that home to the department. If an application for an initial statement of ownership is made without the required
manufacturer's certificate and the retailer does not provide it as required, the department
shall, on or before the issuance of the requested statement of ownership, send written
notice to each party currently reflected on the department's records as having a recorded
lien on the inventory of that retailer with respect to that home. Failure to include the original manufacturer's certificate with such an application
does not impair a consumer's ability to obtain, on submittal of an otherwise complete
application, a statement of ownership free and clear of any liens other than liens
created by or consented to by the consumer.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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