Page 87 - New Agent Real Estate training book
P. 87

Closing

               Paperwork needed:


               Title, Bill of sale (Preferably a Sales Contract) No notary is needed.  One title per section of mobile home;
               a double wide will have 2 titles.

               After closing – Transferring ownership

               Additional form needed, only signed by purchaser: Application for Title/Registration of Mobile Home
               (SCDMV Form 400): This form should be printed, filled in, and signed by the purchasers of the mobile
               home. No notary needed. This form will be given to the clerk at the local DMV in the county the mobile
               home is located.

               Bring forms to your local DMV in the county to pay transfer tax (see bullet point below) 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. No notary is needed. For a small extra fee you may be able to expedite the title and
               walk out of the DMV with a new title in your hand.  If a mobile home is bought/sold between two
               private individuals (no dealer involved), sales tax is not required.


               The seller can go with the buyer to the DMV to make sure the ownership is transferred correctly so that
               taxes and liability is not in your name moving forward. Some buyers wait years to transfer
               title/ownership.



                                       Selling a manufactured or Mobile Home with Land






               According to the SCDMV:

               “This is referring to a mobile home that is attached to a piece of land, both owned by the same seller.  If
               the title has been retired on a mobile home and the home will be attached to real property in its new
               location, you do not need to get a new title. The home's buyer must file a Manufactured Home
               Severance Affidavit with the county's register of deed or clerk of court in the county the home is being
               moved to and the county it's being moved from.


               If the home will not be attached to real property, the owner must get a new title from the SCDMV. If
               you're getting a new title, the lien must be released or the lien holder must consent to transfer the lien
               to the new home and you must mail all paperwork to the address below:   SCDMV Titles and
               Registration PO Box 1498 Blythewood, SC 29016-0024”

               Retired Title
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