QUESTION: Do you consider mobile homes real estate? Without land I would think they would be considered more like a car loan.
ANSWER: Under Revised Article 9, a mobile home is not considered "real estate" until it becomes a fixture. Fixtures are defined as goods that have become so related to particular real property that an interest in them arises under real property law.
What is required to become a fixture depends on State law and case law. In some jurisdictions, the wheels of the mobile home must be removed and the mobile home attached to a concrete or brick foundation, in others, the connecting of the utilities is sufficient to to make the mobile home subject to real estate law.
If the mobile home is not a fixture, it would be most likely be considered a manufactured home under RA9. Small mobile homes less than 8 feet in width or 40 feet in length or less than 320 square feet in area are not by definition manufactured homes.
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