Bill > S698

This bill establishes new procedures for titling manufactured homes, defining key terms like "buyer," "certificate of location" (a document detailing ownership, home identification, and land description), "certificate of origin" (manufacturer's proof of identity), and "manufactured home" itself, which is a transportable dwelling built on a permanent chassis. It requires retailers to inform buyers about the choice between classifying a manufactured home as real property or personal property, and prohibits sellers from influencing this decision. The bill outlines how a manufactured home can be converted to real property by filing a "certificate of location" and details the process for relocating a manufactured home, requiring a "certificate of relocation." It also clarifies how security interests (like mortgages) apply to manufactured homes when they become real property and when they are detached, and specifies that a buyer in the ordinary course of business takes the home free of security interests created by the seller. The bill also addresses warranties and provides remedies for noncompliance with its provisions, while ensuring it doesn't conflict with federal electronic signature laws.