|What 2007 law changes affect Manufactured
During the 2007 legislative sessions, two bills were
passed that affect the recording of manufactured structures ownership
documents: Senate Bill 440 and House Bill 2233
Senate Bill 440 changes the required
information that must be recorded on manufactured structure ownership
documents. Beginning January 1, 2008, all new ownership documents must
of the structure (if available)
square footage of the living area
of heating and cooling
recent sales price
This information is required on any new
ownership document, whether the home is new or used. An ownership document
will not be issued without it.
A Manufactured Structure Dealer shall enter this
information into the State of Oregon's tracking system for manufactured
structures (LOIS system) unless the purchaser instructs the dealer to
provide the information to a lender, escrow agent, title company, or other
designee of the purchaser. However, this information must be recorded on
new ownership documents, so dealers should ensure that the information has
been recorder when the ownership document has been issued.
If the manufactured structure is sold by or otherwise
acquired through a person other than a manufactured structure dealer, this
required information shall be provided by:
the seller if title is being transferred by a sale.
the person to whom the ownership
interest is being transferred if title is being transferred by
operation of law.
the owner if the owner will have a recorded ownership
interest in the manufactured structure after issuance of the ownership
A copy off a Bill Of Sale will be required for
processing a new sale. The Manufactured Structure Supplemental Information
form is required with The Notice of Sale/Change of Ownership or
Manufactured Structure Multipurpose Form.
The recording of this additional information will
provide important information to the general public, county assessors
office, manufactured structures dealers, and
Several forms have been updated by the state to
accommodate the required changes effective January 1, 2008.
Bill 2233 also affects Manufactured Structure Ownership Documents by
changing the recording of senior tax-deferral property tax liens.
Currently, these liens are recorded as liens on ownership documents.
Beginning January 1, 2008 all new and existing senior tax deferral
property tax liens will be recorded as security interest on manufactured
structure ownership documents.
View Senate Bill 440 and House Bill 2233 by referring
to the 2007 Regular Legislative Sessions Bills at: