July 2007

Manufactured Homes—A Difficult Process Made Simple by
Abstract & Title

Similar to automobiles, manufactured homes come with a Certificate of Title, a record of which is maintained with the Indiana Bureau of Motor Vehicles. The home is considered personal property and is not a part of the real estate on which it is located. When selling or refinancing a manufactured home, the Certificate of Title must be “retired” by the BMV and converted to real estate. This is done by sending various documents to the BMV office in Indianapolis. Your local BMV will not assist you with this process.

After the BMV is satisfied with your documents, they will send you a Transfer to Real Estate packet. The packet, which must be recorded, includes the “Retired” stamped Certificate of Title and an Affidavit to Transfer Real Estate. This process takes approximately six weeks after the BMV has received the correct documents. Upon recordation of this packet, your manufactured home will be considered to be real estate and the process is complete.

Abstract and Title would be happy to answer any questions you may have regard-ing this process. You could also visit the State of Indiana BMV website to get specific instructions and documents at: http://www.in.gov/bmv/platesandtitles/51408instructions.pdf

Abstract & Title would like to wish you and your
family a fun and safe Fourth of July holiday.

Quote of the Month:

"Let every nation know, whether it wishes us well or ill, that we shall pay any price, bear any burden, meet any hardship, sup-port any friend, oppose any foe to assure the survival and the success of liberty."
—John F. Kennedy