101.9209(3)
(3) A transfer by an owner is not effective until the provisions of this section have been complied with. An owner who has delivered possession of the manufactured home to the transferee and has complied with the provisions of this section requiring action by him or her is not liable as owner for any damages thereafter resulting from use of the mobile home.
101.9209(4)
(4) Any owner of a manufactured home for which a certificate of title has been issued, who upon transfer of the manufactured home fails to execute and deliver the assignment and warranty of title required by
sub. (1), may be required to forfeit not more than $500.
101.9209(5)(a)(a) Any transferee of a mobile home who fails to make application for a new certificate of title immediately upon transfer to him or her of a manufactured home may be required to forfeit not more than $200.
101.9209(5)(b)
(b) Any transferee of a manufactured home who, with intent to defraud, fails to make application for a new certificate of title immediately upon transfer to him or her of a manufactured home may be fined not more than $1,000 or imprisoned for not more than 30 days or both.
101.9209(5)(c)
(c) A certificate is considered under this subsection to have been applied for when the application accompanied by the required fee has been delivered to the department or deposited in the mail properly addressed with postage prepaid.
101.9209 History
History: 1999 a. 9,
53.
101.921
101.921
Transfer to or from dealer. 101.921(1)(a)(a) Except as provided in
par. (b), if a manufactured home dealer acquires a manufactured home and holds it for resale or accepts a manufactured home for sale on consignment, the manufactured home dealer may not submit to the department the certificate of title or application for certificate of title naming the manufactured home dealer as owner of the manufactured home. Upon transferring the manufactured home to another person, the manufactured home dealer shall immediately give the transferee, on a form prescribed by the department, a receipt for all title, security interest and sales tax moneys paid to the manufactured home dealer for transmittal to the department when required. The manufactured home dealer shall promptly execute the assignment and warranty of title, showing the name and address of the transferee and of any secured party holding a security interest created or reserved at the time of the resale or sale on consignment, in the spaces provided therefor on the certificate or as the department prescribes. Within 7 business days following the sale or transfer, the manufactured home dealer shall mail or deliver the certificate or application for certificate to the department with the transferee's application for a new certificate. A nonresident who purchases a manufactured home from a manufactured home dealer in this state may not, unless otherwise authorized by rule of the department, apply for a certificate of title issued for the manufactured home in this state unless the manufactured home dealer determines that a certificate of title is necessary to protect the interests of a secured party. The manufactured home dealer is responsible for determining whether a certificate of title and perfection of security interest is required. The manufactured home dealer is liable for any damages incurred by the department or any secured party for the manufactured home dealer's failure to perfect a security interest that the manufactured home dealer had knowledge of at the time of sale.
101.921(1)(b)
(b) Except when all available spaces for a manufactured home dealer's reassignment on a certificate of title have been completed or as otherwise authorized by rules of the department, a manufactured home dealer who acquires a manufactured home and holds it for resale or accepts a manufactured home for sale on consignment may not apply for a certificate of title naming the manufactured home dealer as owner of the manufactured home.
101.921(1)(c)
(c) Unless exempted by rule of the department, a manufactured home dealer who acquires a manufactured home and holds it for resale shall make application for a certificate of title naming the manufactured home dealer as owner of the manufactured home when all of the available spaces for a manufactured home dealer's reassignment on the certificate of title for such manufactured home have been completed.
101.921(2)
(2) Every manufactured home dealer shall maintain for 5 years a record of every manufactured home bought, sold or exchanged, or received for sale or exchange. The record shall be open to inspection by a representative of the department or by a peace officer during reasonable business hours. The dealer shall maintain the record in the form prescribed by the department.
101.921(3)
(3) Any manufactured home dealer who fails to comply with this section may be required to forfeit not more than $200.
101.921 History
History: 1999 a. 9,
53,
185.
101.9211
101.9211
Involuntary transfers. 101.9211(1)
(1) If the interest of an owner in a manufactured home passes to another other than by voluntary transfer, the transferee shall, except as provided in
sub. (2), promptly mail or deliver to the department the last certificate of title, if available, and the documents required by the department to legally effect such transfer, and an application for a new certificate in the form that the department prescribes.
101.9211(2)
(2) If the interest of the owner is terminated or the manufactured home is sold under a security agreement by a secured party named in the certificate of title, the transferee shall promptly mail or deliver to the department the last certificate of title, an application for a new certificate in the form that the department prescribes, and a statement made by or on behalf of the secured party that the manufactured home was repossessed and that the interest of the owner was lawfully terminated or sold under the terms of the security agreement.
101.9211(3)
(3) A person holding a certificate of title whose interest in the manufactured home has been extinguished or transferred other than by voluntary transfer shall mail or deliver the certificate to the department upon request of the department. The delivery of the certificate pursuant to the request of the department does not affect the rights of the person surrendering the certificate, and the action of the department in issuing a new certificate of title is not conclusive upon the rights of an owner or secured party named in the old certificate.
101.9211(4)(a)(a) In all cases of the transfer of a manufactured home owned by a decedent, except under
par. (b), ward, trustee or bankrupt, the department shall accept as sufficient evidence of the transfer of ownership all of the following:
101.9211(4)(a)1.
1. Evidence satisfactory to the department of the issuance of the letters of administration, letters testamentary, letters of guardianship, letters of trust or appointment of the trustee in bankruptcy.
101.9211(4)(a)2.
2. The title executed by such administrator, executor, guardian or trustee.
101.9211(4)(b)1.1. The department shall transfer the decedent's interest in any manufactured home to his or her surviving spouse upon receipt of the title executed by the surviving spouse and a statement by the spouse that states all of the following:
101.9211(4)(b)1.c.
c. That the spouse is personally liable for the decedent's debts and charges to the extent of the value of the manufactured home, subject to
s. 859.25.
101.9211(4)(b)2.
2. The transfer shall not affect any liens upon the manufactured home.
101.9211(4)(b)3.
3. Except as provided in
subd. 4., this paragraph is limited to no more than 5 manufactured homes titled in this state that are less than 20 years old at the time of the transfer under this paragraph. There is no limit on transfer under this paragraph of manufactured homes titled in this state that are 20 or more years old at the time of transfer under this paragraph.
101.9211(4)(b)4.
4. The limit in
subd. 3. does not apply if the surviving spouse is proceeding under
s. 867.03 (1g) and the total value of the decedent's solely owned property in the state, including the manufactured homes transferred under this paragraph, does not exceed $10,000.
101.9211(4)(c)
(c) Upon compliance with this subsection, the department shall bear neither liability nor responsibility for the transfer of such manufactured homes in accordance with this section.
101.9211 History
History: 1999 a. 9,
53,
185.
101.9212
101.9212
When department to issue a new certificate. 101.9212(1)(1) The department, upon receipt of a properly assigned certificate of title, with an application for a new certificate of title, the required fee and any other transfer documents required by law, to support the transfer, shall issue a new certificate of title in the name of the transferee as owner.
101.9212(2)
(2) The department, upon receipt of an application for a new certificate of title by a transferee other than by voluntary transfer, with proof of the transfer, the required fee and any other documents required by law, shall issue a new certificate of title in the name of the transferee as owner. If the transfer constituted a termination of the owner's interest or a sale under a security agreement by a secured party named in the certificate, under
s. 101.9211 (2), the new certificate shall be issued free of the names and addresses of the secured party who terminated the owner's interest and of all secured parties subordinate under
s. 101.9213 to such secured party. If the outstanding certificate of title is not delivered to it, the department shall make demand therefor from the holder of such certificate.
101.9212(3)
(3) The department shall retain for 5 years a record of every surrendered certificate of title, the record to be maintained so as to permit the tracing of title for the manufactured home designated therein.
101.9212 History
History: 1999 a. 9,
53,
185.
101.9213
101.9213
Perfection of security interests. 101.9213(1)
(1) Unless excepted by
s. 101.9202, a security interest in a manufactured home of a type for which a certificate of title is required is not valid against creditors of the owner or subsequent transferees or secured parties of the manufactured home unless perfected as provided in
ss. 101.9202 to
101.9218.
101.9213(2)
(2) Except as provided in
sub. (3), a security interest is perfected by the delivery to the department of the existing certificate of title, if any, an application for a certificate of title containing the name and address of the secured party, and the required fee. The security interest is perfected as of the time of its creation if such delivery is completed within 10 days after the time that the security interest is created, and without regard to the limitations expressed in
s. 409.301 (2). If the delivery is not completed within 10 days after the time that the security interest is created, the security interest is perfected as of the time of such delivery.
101.9213(3)
(3) If a secured party whose name and address is contained on the certificate of title for a manufactured home acquires a new or additional security interest in the manufactured home, such security interest is perfected at the time of its attachment under
s. 409.203.
101.9213(4)
(4) An unperfected security interest is subordinate to the rights of persons described in
s. 409.301.
101.9213(5)
(5) The rules of priority stated in
s. 409.312, and the other sections therein referred to, shall, to the extent appropriate, apply to conflicting security interests in a manufactured home of a type for which a certificate of title is required, or in a previously certificated manufactured home, as defined in
s. 101.9222 (1). A security interest perfected under this section or under
s. 101.9222 (4) or
(5) is a security interest perfected otherwise than by filing for purposes of
s. 409.312.
101.9213(6)
(6) The rules stated in
ss. 409.501 to
409.507 governing the rights and duties of secured parties and debtors and the requirements for, and effect of, disposition of a manufactured home by a secured party, upon default shall, to the extent appropriate, govern the rights of secured parties and owners with respect to security interests in manufactured homes perfected under
ss. 101.9202 to
101.9218.
101.9213(7)
(7) If a manufactured home is subject to a security interest when brought into this state,
s. 409.103 (1),
(2) and
(3) states the rules that apply to determine the validity and perfection of the security interest in this state.
101.9213(8)
(8) Upon request of a person who has perfected a security interest under this section, as shown by the records of the department, in a manufactured home titled in this state, whenever the department receives information from another state that the manufactured home is being titled in the other state and the information does not show that the security interest has been satisfied, the department shall notify the person. The person shall pay the department a $2 fee for each notification.
101.9213 History
History: 1999 a. 9,
53,
185.
101.9214
101.9214
Duties on creation of security interest. If an owner creates a security interest in a manufactured home, unless the name and address of the secured party already is contained on the certificate of title for the manufactured home:
101.9214(1)
(1) The owner shall immediately execute, in the space provided therefor on the certificate of title or on a separate form or in an automated format prescribed by the department, an application to name the secured party on the certificate, showing the name and address of the secured party, and cause the certificate, application and the required fee to be delivered to the secured party.
101.9214(2)
(2) The secured party shall immediately cause the certificate, the application and the required fee to be mailed or delivered to the department.
101.9214(3)
(3) Upon receipt of the certificate of title, the application and the required fee, the department shall issue to the owner a new certificate containing the name and address of the new secured party. The department shall deliver to the new secured party and to the register of deeds of the county of the owner's residence memoranda, in such form as the department prescribes, evidencing the notation of the security interest upon the certificate; and thereafter, upon any assignment, termination or release of the security interest, additional memoranda evidencing such action.
101.9214(4)
(4) The register of deeds may record, and maintain a file of, all memoranda received from the department under
sub. (3). Such recording, however, is not required for perfection, release or assignment of security interests, which shall be effective upon compliance with
ss. 101.9213 (2),
101.9215 and
101.9216 (1) and
(2).
101.9214 History
History: 1999 a. 9,
53.
101.9215
101.9215
Assignment of security interest. 101.9215(1)
(1) A secured party may assign, absolutely or otherwise, the party's security interest in the manufactured home to a person other than the owner without affecting the interest of the owner or the validity of the security interest, but any person without notice of the assignment is protected in dealing with the secured party as the holder of the security interest and the secured party remains liable for any obligations as a secured party until the assignee is named as secured party on the certificate.
101.9215(2)
(2) The assignee may but need not, to perfect the assignment, have the certificate of title endorsed or issued with the assignee named as secured party, upon delivering to the department the certificate and an assignment by the secured party named in the certificate in the form that the department prescribes.
101.9215 History
History: 1999 a. 9,
53.
101.9216
101.9216
Release of security interest. 101.9216(1)
(1) Within one month, or within 10 days following written demand by the debtor, after there is no outstanding obligation and no commitment to make advances, incur obligations or otherwise give value, secured by the security interest in a manufactured home under any security agreement between the owner and the secured party, the secured party shall execute and deliver to the owner, as the department prescribes, a release of the security interest in the form and manner prescribed by the department and a notice to the owner stating in no less than 10-point boldface type the owner's obligation under
sub. (2). If the secured party fails to execute and deliver the release and notice of the owner's obligation as required by this subsection, the secured party is liable to the owner for $25 and for any loss caused to the owner by the failure.
101.9216(2)
(2) The owner, other than a manufactured home dealer holding the manufactured home for resale, upon receipt of the release and notice of obligation shall promptly cause the certificate and release to be mailed or delivered to the department, which shall release the secured party's rights on the certificate and issue a new certificate.
101.9216(3)
(3) The department may remove information pertaining to a security interest perfected under
s. 101.9213 from its records when 20 years after the original perfection has elapsed unless the security interest is renewed in the same manner as provided in
s. 101.9213 (2) for perfection of a security interest.
101.9216(4)
(4) Removal of information pertaining to a security interest from the records of the department under
sub. (3) does not affect any security agreement between the owner of a manufactured home and the holder of security interest in the manufactured home.
101.9216 History
History: 1999 a. 9,
53,
185.
101.9217
101.9217
Secured party's and owner's duties. 101.9217(1)
(1) A secured party named in a certificate of title shall, upon written request of the owner or of another secured party named on the certificate, disclose any pertinent information as to the party's security agreement and the indebtedness secured by it.
101.9217(2)(a)(a) An owner shall promptly deliver the owner's certificate of title to any secured party who is named on it or who has a security interest in the manufactured home described in it under any other applicable prior law of this state, upon receipt of a notice from such secured party that the security interest is to be assigned, extended or perfected. Any owner who fails to deliver the certificate of title to a secured party requesting it under this paragraph shall be liable to such secured party for any loss caused to the secured party thereby and may be required to forfeit not more than $200.
101.9217(2)(b)
(b) No secured party may take possession of any certificate of title except as provided in
par. (a). Any person who violates this paragraph may be required to forfeit not more than $1,000.
101.9217(3)
(3) Any secured party who fails to disclose information under
sub. (1) shall be liable for any loss caused to the owner by the failure to disclose information.
101.9217 History
History: 1999 a. 9,
53,
185.
101.9218
101.9218
Applicability of manufactured home security provisions. 101.9218(1)(1)
Method of perfecting exclusive. Except as provided in
sub. (2), the method provided in
ss. 101.921 to
101.9217 of perfecting and giving notice of security interests subject to
ss. 101.921 to
101.9217 is exclusive. Security interests subject to
ss. 101.921 to
101.9217 are exempt from the provisions of law that otherwise require or relate to the filing of instruments creating or evidencing security interests.
101.9218(2)
(2) Fixtures excluded. Notwithstanding
ss. 101.921 to
101.9217, the method provided in
ss. 101.921 to
101.9217 of perfecting and giving notice of security interests does not apply to a manufactured home that is a fixture to real estate.
101.9218 History
History: 1999 a. 9,
53,
185.
101.9219
101.9219
Withholding certificate of title; bond. 101.9219(1)
(1) The department may not issue a certificate of title until the outstanding evidence of ownership is surrendered to the department.
101.9219(2)
(2) If the department is not satisfied as to the ownership of the manufactured home or that there are no undisclosed security interests in it, the department, subject to
sub. (3), shall either:
101.9219(2)(a)
(a) Withhold issuance of a certificate of title until the applicant presents documents reasonably sufficient to satisfy the department as to the applicant's ownership of the manufactured home and that there are no undisclosed security interests in it; or
101.9219(3)
(3) Notwithstanding
sub. (2), the department may issue a nondistinctive certificate of title if the applicant fulfills either of the following requirements:
101.9219(3)(a)
(a) The applicant is a manufactured home dealer licensed under
s. 101.951 and is financially responsible as substantiated by the last financial statement on file with the department, a finance company licensed under
s. 138.09 or
218.01 [
ss. 218.0101 to
218.0163], a bank organized under the laws of this state, or a national bank located in this state.
101.9219 Note
NOTE: The bracketed language indicates the correct cross-reference. Corrective legislation is pending.
101.9219(3)(b)
(b) The applicant has filed with the department a bond in the form prescribed by the department and executed by the applicant, and either accompanied by the deposit of cash with the department or also executed by a person authorized to conduct a surety business in this state. The bond shall be in an amount equal to 1.5 times the value of the manufactured home as determined by the department and conditioned to indemnify any prior owner and secured party and any subsequent purchaser of the manufactured home or person acquiring any security interest in it, and their respective successors in interest, against any expense, loss or damage, including reasonable attorney fees, by reason of the issuance of the certificate of title for the manufactured home or on account of any defect in or undisclosed security interest upon the right, title and interest of the applicant in and to the manufactured home. Any such interested person has a right of action to recover on the bond for any breach of its conditions, but the aggregate liability of the surety to all persons shall not exceed the amount of the bond. The bond, and any deposit accompanying it, shall be returned at the end of 5 years or prior thereto if, apart from this section, a nondistinctive certificate of title could then be issued for the manufactured home, or if the currently valid certificate of title for the manufactured home is surrendered to the department, unless the department has been notified of the pendency of an action to recover on the bond.
101.9219 History
History: 1999 a. 9,
53,
185.
101.922
101.922
Suspension or revocation of certificate. 101.922(1)(1) The department shall suspend or revoke a certificate of title if it finds any of the following:
101.922(1)(a)
(a) That the certificate of title was fraudulently procured, erroneously issued or prohibited by law.
