Legal Question in Banking Law in Arkansas
Mobile Home Lien Perfection
What is necessary to perfect a security interest in a manufactured home with real estate? Does the real estate mortgage perfect the lien on the manufactured home or must we also file a UCC financing statement in order to perfect the lien as a fixture filing?
Asked on 6/14/04, 4:02 pm
1 Answer from Attorneys
Harvey Harris
Harris Law Firm
Re: Mobile Home Lien Perfection
You need to file the lien on the mobile home. The real estate mortgage is not sufficient for a mobile home.
Filing both should perfect your interest and cover all your bases.
Answered on 6/14/04, 5:26 pm