Act No. 140

(H.542)

Transfers of mobile homes and rent-to-own transactions

This act generally amends 9 V.S.A. § 2602 governing the transfer of mobile homes that are not treated as real property. The act sets out the chronological steps for transferring a mobile home, including filing requirements, notice to owners of real property, and payment of tax liens. The act also amends the requirements for the mobile home uniform bill of sale and creates a definition and imposes requirements for the valid transfer of a mobile home on a "rent-to-own" basis.

Date Signed by the Governor:  June 1, 2010

Effective Date:  September 1, 2010