SECOND REGULAR SESSION
93RD GENERAL ASSEMBLY
INTRODUCED BY REPRESENTATIVE POLLOCK.
Read 1st time January 9, 2006 and copies ordered printed.
STEPHEN S. DAVIS, Chief Clerk
AN ACT
To repeal section 700.111, RSMo, and to enact in lieu thereof one new section relating to conversion of manufactured homes.
Be it enacted by the General Assembly of the state of Missouri, as follows:
Section A. Section 700.111, RSMo, is repealed and one new section enacted in lieu thereof, to be known as section 700.111, to read as follows:
700.111. 1. The owner of a manufactured home may convert the manufactured home to real property by:
(1) Attaching the manufactured home to a permanent foundation situated on real estate owned by the manufactured home owner; and
(2) The removal or modification of the transporting apparatus including but not limited to wheels, axles and hitches rendering it impractical to reconvert the real property thus created to a manufactured home.
2. The conversion of a manufactured home to real property by the method provided in subsection 1 of this section shall prohibit any political subdivision of this state from declaring or treating that manufactured home as other than real property.
3. Upon conversion of the manufactured home to real property, the manufactured homeowner shall notify the county assessor that such conversion has occurred so the property can be assessed as real property.
4. The certificate of title for the manufactured home shall be returned to the director of revenue with a notation indicating that the manufactured home has been converted to real property.
5. The director shall make a notation on the manufactured home record showing that it has been converted to real property.
6. If the real property owner later converts the manufactured home from real property back to personal property, the seller shall notify the county assessor of such conversion to personal property and provide the purchaser with the following documents:
(1) A descriptive bill of sale; and
(2) A statement from the seller's county assessor that indicates the unit was assessed as real property and is not being removed from the real property tax rolls.
7. The purchaser of the manufactured home that has been converted from the real property to personal property may apply to the director of revenue for a manufactured home title by submitting the documents under subsection 6 of this section and paying all applicable fees and taxes.
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