I own a mobile home in a 55+ park in Ormond Beach Florida. I lost my job & could no longer afford my lot rent. I moved out of the park but lot rent has continued to grow to a sum of over $2000.00. I have been unable to sell. Can I sign over title to my home in exchange of monies owed?
1 Answer from Attorneys
If the park will agree to "pay" your lot rent by "selling" them your mobile home, and you signing the transfer of title to them, yes it is ok and legal, but they have to agree and sometimes they don't want to mobile home. If you do this make sure you have a written agreement that they park waives all fees or considers them all paid with the transfer of the mobile home to them.
Related Questions & Answers
My neighbor in unincorporated Orange County Florida has trimmed the branches of my... Asked 5/20/13, 7:21 pm in United States Florida Real Estate and Real Property
My father passed away suddenly last year. Three years ago, he loaned me 25k (about... Asked 5/20/13, 6:52 pm in United States Florida Real Estate and Real Property
I own 50% of a Florida residential property. My former business partner informed me... Asked 5/20/13, 12:20 pm in United States Florida Real Estate and Real Property
If I buy a house in Sarasota,FL, does the lawyer doing the closing have to live/work... Asked 5/19/13, 7:17 pm in United States Florida Real Estate and Real Property
My HOA dues were not paid, so they took my house and sold it for $8,800. The loan on... Asked 5/19/13, 8:21 am in United States Florida Real Estate and Real Property