Property Ownership

What is the Ohio Manufactured Homes Act and how does it differ from regular real property ownership?

AManufactured homes are always personal property in Ohio
BOhio allows manufactured homes to be converted to real property if permanently affixed and a certificate of title is canceled✓ Correct
CManufactured homes cannot be financed with mortgages
DManufactured homes have no legal status in Ohio

Explanation

Under ORC 4505.11, a manufactured home permanently affixed to a foundation on land owned by the homeowner can be converted to real property by canceling the certificate of title. Once converted, it can be financed with a mortgage and benefits from homestead exemption.

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