Louisiana Mobile Home Purchase Agreement
Description
How to fill out Mobile Home Purchase Agreement?
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FAQ
Bring forms to your local DMV in the parish to pay fees and transfer ownership. Only buyer(s) must be present at DMV to transfer title, however ideally buyer and seller go to DMV to transfer title to help expedite any last-minute issues that arise at the DMV. All forms should already be signed.
Mobile (manufactured) homes are taxed as real property after the owner has declared and filed a petition stating the home is permanently affixed to the ground. Mobile homes not affixed to the ground are subject to the Vehicles License Tax.
Sales of immovable property are not subject to Louisiana sales and use tax. A dealer is allowed an exemption for the purchase of manufactured homes for resale as tangible personal property. The Department of Revenue issues Form R-1018, Sales Tax Exemption for Mobile Home Dealers, for this purpose.
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.
The bill is signed by both the buyer and the seller in a company of a notary witness. The reason is to have the document notarized, and once it has been, you will then stand as the owner since the bill is a legal binder.
Manufactured homes, including mobile and modular homes, are considered movable property in Louisiana, and are subject to the motor vehicle title law.
