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Manufactured housing:
A home that the law still treats like a car
Febrary 2005
PDF Format
Executive Summary
We recommend
Report:
Repossession: Hauling off entire households
Foreclosure laws
Power of sale clauses reduce foreclosure protections
Repossession
Limits on self-help repossession
Right to cure and right to reinstate
Anti-deficiency laws
That is not the home I ordered
Recommendations
Sidebars:
Definitions
Key protections in foreclosure and key weaknesses of repossession
Deed of trust
Park tenancy
Drew Industries
Homestead Exemptions
Charts:
Foreclosure laws in six souhwestern states
Southwest states repossession laws
Right to cure default before repossession/Right to reinstate after repossession
Director
Reggie James
Author
Suzanne Henry
Editor
Kathy Mitchell
Design
Amanda Frayer
For more information, contact:
Suzanne Henry,
Policy Associate
512-477-4431 x121
shenry@consumer.org
Kathy Mitchell,
Research Coordinator
512-477-4431 x125
mitcka@consumer.org
Rafael Ayuso,
Media Director
512-477-4431 x114
ayusra@consumer.org
This report was funded in part by a grant from the Ford Foundation.
Click here to find out more about manufactured housing.
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| Southwest states repossession laws
Source:
National Consumer Law Center,
Repossessions and Foreclosures (5th ed. 2002).
|
| State |
Right to cure
prior to repossession |
Right to reinstate
after repossession (paying less than accelerated balance) |
Special provision
for right to redeem/reinstate after repossession |
Restrictions on
self-help repossession |
Anti-deficiency
judgment restrictions |
| Arizona |
None |
None |
None |
None |
None |
| Arkansas |
None |
None |
None |
None |
None |
| Colorado |
20 days after notice |
None |
None |
Must be clear and convincing evidence that debtor has vacated or abandoned home or voluntarily surrenders it |
None |
| New
Mexico |
None |
None |
None |
None |
None |
| Oklahoma |
None |
None |
None |
None |
None |
| Texas |
None |
None |
None |
None |
None |
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