What must occur for the transfer of title to a commercial modular to be effective?

Disable ads (and more) with a premium pass for a one time $4.99 payment

Prepare for the Commercial Modular Test with our streamlined study tools. Engage with flashcards and multiple-choice questions complete with hints and explanations. Ace your exam with confidence!

For the transfer of title to a commercial modular to be effective, it is crucial that there is a proper endorsement of the title and delivery of the registration card. This process ensures that the current owner officially signs over ownership to the new owner, which is a formal requirement for the transfer of title. The registration card serves as an essential document that verifies the ownership and contains pertinent information about the modular unit, making it necessary for the new owner to receive it to finalize the transaction.

While notification to the Department, filing a new registration application, and obtaining a new certificate of title may be steps involved in managing the ownership of mobile or modular homes, they are typically procedural aspects that follow the endorsement and delivery of the registration card. Without the proper endorsement and delivery at the onset of the transfer, the actual ownership is not legally recognized, making it a critical first step in the process.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy