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§ 5583. How to Report the Retention of the Legal Owner's Interest.

25 CA ADC § 5583Barclays Official California Code of Regulations

Barclays California Code of Regulations
Title 25. Housing and Community Development
Division 1. Housing and Community Development
Chapter 5. Registration and Titling of Manufactured Homes, Mobilehomes, Multifamily Manufactured Home, Commercial Modular, Truck Campers, and Floating Homes
Article 8. Perfection and Release of Security Interests
25 CCR § 5583
§ 5583. How to Report the Retention of the Legal Owner's Interest.
Currentness
(a) An application for registration to change the registered owner(s) of a unit, but which retains the legal owner's security interest in the unit, shall include:
(1) The titling document signed by the legal owner on the designated line(s) or in the designated area for the retention of legal owner; or
(2) a statement, signed under penalty of perjury by the legal owner, which includes:
(A) the unit(s) identifying information;
(B) the registered owner identifying information;
(C) the new registered owner identifying information;
(D) the legal owner identifying information; and
(E) an acknowledgment that the legal owner is retaining the security interest.
(3) The last-issued registered owner's registration card.

Credits

Note: Authority cited: Sections 18015 and 18075, Health and Safety Code. Reference: Section 18100.5, Health and Safety Code.
History
1. New section filed 12-31-97; operative 1-1-98 pursuant to Government Code section 11343.4(d) (Register 98, No. 1).
This database is current through 5/10/24 Register 2024, No. 19.
Cal. Admin. Code tit. 25, § 5583, 25 CA ADC § 5583
End of Document