MUST A MANUFACTURED HOME BE ASSESSED BY THE COUNTY ASSESSOR?
Yes, by state law, manufactured homes must be assessed for property taxes. The Assessor requires a copy of the mobile home vehicle registration or title, along with the mobile home property address or location.
WHAT STEPS MUST I TAKE AS A MANUFACTURED HOME OWNER BEFORE SELLING, MOVING OR TRADING IN MY HOME?
Bring your title or registration certificate to the County Assessor’s office. The staff will determine if the manufactured home is currently assessed for property taxes. If so, a Tax Release will be issued once current and prior taxes have been paid with the County Treasurer and the seller or buyer provides the County Assessor with the new buyer name and mailing address information. Current and prior year taxes must be paid with the County Treasurer before issuance of the Tax Release. The Tax Release and current Title must be taken to the MVD in order to receive a new title under the new owner’s name.
In the case of moves, additional steps must be taken. Prior to the issuance of a Tax Release, the Flood Plain Permit Application process must be completed with the municipality where the manufactured home will be moved. If the new home site is in an unincorporated area, the Flood Plain Permit Application process must be completed through the Grant County Planning Department. In addition, once the Flood Plain Permit Application process and the Tax Release are completed, a Moving Permit must be purchased from the Grant County Treasurer’s Office. Please also speak to representatives of any municipality the manufactured home will move through or to, as there may be additional local requirements.
WILL MY ASSESSMENT SHOW THE VALUE FOR THE LAND AS WELL AS THE MANUFACTURED HOME?
No. The land value appears on a separate assessment. Note also you will receive two tax bills. One for the manufactured home and one for your lot (unless the lot is rented).
WHAT STEPS MUST I TAKE TO CHANGE THE STATUS OF MY MANUFACTURED HOME FROM PERSONAL TO REAL PROPERTY?
- The owner must own the land before the home can be classified as real property.
- This value change applies only for property taxation purposes and does not determinewhether a property is eligible for financing through a lending institution.
1. Lending Institution:
Contact your lending institution about assessing your manufactured home as real property. You will need your lien free title of the manufactured home for it to be valued as real property.
2. Contact the New Mexico Manufactured Housing Division (NMMHD) for a PERMANENT FOUNDATION INSPECTION.
Reynaldo Hinojosa, NMMHD Foundation Inspector
• If your MH has not yet been installed, inform the MH Seller that you want a permanent foundation. Once the MH is installed, contact the NMMHD Inspector for a FOUNDATION INSPECTION.
• If your MH is already installed, contact the NMMHD Inspector for a FOUNDATION INSPECTION. Inform the inspector that the MH has already been installed.
• The inspector will give you a SIGNED CERTIFICATE after the inspection is passed. This certificate is what you will need to bring to the Assessor’s Office.
• Any questions concerning a permanent foundation should be addressed to the NMMHD Inspector.
3. Assessor’s Office:
- Obtain a TAX RELEASE from the Assessor’s Office. All Taxes, including Solid Waste, must be paid in advance on the MH for a TAX RELEASE.
- A REQUEST TO CHANGE VALUATION STATUS FOR A MANUFACTURED HOMEmust be completed by the owner of the manufactured home. This form is available in the Assessor’s Office. The Assessor’s Office will sign the request form, stating that this office intends to assess the manufactured home as real property upon evidence of a deactivated title. This signed form can be taken to your lender as evidence that the manufactured home will be assessed as real property.
4. Motor Vehicle Division (MVD):
• DEACTIVATE YOUR MANUFACTURED HOME TITLE. It can be completed at any Motor Vehicle Division.
- MVD will deactivate the title ONLY if title is free and clear of all liensand encumbrances.
- You will need to take to MVD:• Original Title (Lien Free)• Signed Foundation Inspection Certificate from the NM Manufactured Housing Division• Tax Release from the Assessor’s Office• Signed Request to Change Valuation Status from the Assessor’sOffice
5. Return to Assessor’s Office:
- Bring a Copy of the DEACTIVATED TITLE to the Assessor’s Office to completethe process of Valuation Status Change. The MH will be assessed as realproperty for the following tax year.