Manufactured Housing Law Update
Manufactured Housing Law Update – December 2017Read Time: 1 min
McGlinchey Stafford and the Manufactured Housing Institute (MHI) are pleased to bring you the Manufactured Housing Law Update. With content prepared by McGlinchey Stafford’s nationally-recognized consumer financial services team, the Update focuses on legal and regulatory actions in the manufactured housing industry.
It’s hard to believe that 2017 has come to a close, isn’t it? December was fairly quiet on the manufactured housing front. There were interesting cases relating to lease to purchase contracts in both Ohio and Alaska. A Massachusetts Bankruptcy Court grappled with the issue of whether a manufactured home located in Massachusetts could have a Florida homestead right. The answer might just surprise you!
As promised, Ohio has made substantial amendments to Chapter 1322 of the Ohio Revised Code, which will affect those in the mortgage or chattel lending space. Texas promulgated rules, effective January 7, 2018, that contain a smorgasbord of rules relating to the manufactured housing program. Pennsylvania amended its laws relating to mortgage servicing.
Grab a hot cocoa, sit back, and enjoy your December Update!