Style number deed easily

Aug 6th, 2022
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How to style number deed

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All right, in todays video, were gonna discuss types of deeds. Now theres probably about a dozen or so of the types of deeds were gonna discuss, and you need to know these for your real estate licensing exam. Very important. Now, understand just a little review here, I did another video that outlined the basics of deeds and what contents or what essential elements must be in a deed for it to be valid. If you have not previewed that video, please go and watch that video before you go to this video, and Im gonna leave a link right up here in your upper right hand corner of your screen. Thats a link to the video. Watch that one then come back to this one. And if youve watched that video, you will have learned that the deed is the proof or the evidence of a transfer of title or a conveyance of title. The other thing that the deed does, it represents the quality of the legal interest, what we call the quality of the estate, the type of deed determines quite frankly the quality of th

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If you want to record your manufactured home as affixed, you must submit the following items to any Missouri license office: A completed Affidavit of Affixation (Form 5312); NOTE: The Form 5312 must be recorded with the Recorder of Deeds Office within 60 days of filing with the Department of Revenue.
New Units Previously Converted to Real Property: If you purchased the new manufactured home from a Missouri dealer and taxes were never paid to Missouri, state and local sales tax must be collected on the 60% of the purchase price.
Mobile home owners who own both their mobile home and the real property it sits on have the option of changing from a DMV issued title to a warranty deed. This is called retiring the title.
Mobile Home Characteristics A manufactured home located in a manufactured home rental park, rental community or on real estate not owned by the manufactured home owner is considered personal property.
Mobile homes are considered vehicles in most states because at some point, the home had wheels. Missouri classifies mobile homes under vehicle registrations is many cases, but if the home is permanently attached to the ground, it becomes real property.
They will need to provide the following documents in order to obtain one: Ownership documents such as: A VIN Verification (DMV-1-B) completed and signed by a law enforcement officer. A completed Certificate of Title for a Motor Vehicle (DMV-1-TR) A completed Owner and Purchasing Affidavit (MB-12/13) $15.00 title fee.
In order to be considered real property, a manufactured home must be permanently affixed to real estate and an Affidavit of Affixation (Form 5312) must be recorded with the Recorder of Deeds Office in the county where the real estate is located.
paid to Missouri, state and local sales tax must be collected on the 60% of the purchase price. compensating tax and local option use tax is due on 60% of the purchase price based on the address where the manufactured home is first delivered in Missouri (if applicable).

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