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<title>Re: [WSBARP] voluntary lien on real property</title>
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<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D">There are also special rules issued by L&I related to the sale of mobile homes, regardless of whether the unit is being moved to a new location. Mobile home
transactions are little tricky and fully of traps for the uninitiated.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D">Good luck.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D"><o:p> </o:p></span></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span style="font-size:10.0pt;font-family:"Book Antiqua","serif";color:black">Katherine Kramer Laird</span><span style="color:#1F497D">
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</span><span style="font-size:10.0pt;font-family:"Book Antiqua","serif";color:gray">CenturyPacific, LP</span><span style="color:#1F497D">
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</span><span style="font-size:10.0pt;font-family:"Book Antiqua","serif";color:gray">Suite 1680</span><span style="color:#1F497D">
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</span><span style="font-size:10.0pt;font-family:"Book Antiqua","serif";color:gray">1201 Third Avenue</span><span style="color:#1F497D">
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</span><span style="font-size:10.0pt;font-family:"Book Antiqua","serif";color:gray">Seattle, WA 98101</span><span style="color:#1F497D">
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</span><span style="font-size:10.0pt;font-family:"Book Antiqua","serif";color:gray">Ph. 206-757-8892</span><span style="color:#1F497D">
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</span><span style="font-size:10.0pt;font-family:"Book Antiqua","serif";color:gray"><a href="mailto:katherinelaird@centurypacificlp.com"><span style="color:blue">katherinelaird@centurypacificlp.com</span></a></span><span style="font-size:10.0pt;font-family:"Book Antiqua","serif";color:black"> <o:p></o:p></span></p>
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<p class="MsoNormal"><b><span style="font-size:10.0pt;font-family:"Tahoma","sans-serif"">From:</span></b><span style="font-size:10.0pt;font-family:"Tahoma","sans-serif""> wsbarp-bounces@lists.wsbarppt.com [mailto:wsbarp-bounces@lists.wsbarppt.com]
<b>On Behalf Of </b>Jennifer Johnson<br>
<b>Sent:</b> Monday, March 23, 2015 12:03 PM<br>
<b>To:</b> WSBA Real Property Listserv<br>
<b>Subject:</b> Re: [WSBARP] voluntary lien on real property<o:p></o:p></span></p>
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<p class="MsoNormal" style="margin-bottom:12.0pt"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif"">Is it just a mobile home on a rented lot in a mobile home park? If so, it is personal property, not real property. You can do a loan agreement
and/or a promissory note with a future advances clause, and secure the loan by filing a UCC financing statement.
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Jennifer<br>
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</span><span style="font-size:11.0pt;font-family:"Big Caslon","serif"">Jennifer M. Johnson | Attorney<br>
Hanigan Law Office, P.S.<br>
P.O. Box 39 / 68 Main Street<br>
Cathlamet, WA 98612<br>
(360) 795-3494<br>
</span><span style="font-size:11.0pt"><br>
<img border="0" width="121" height="52" id="_x0000_i1025" src="cid:image002.png@01D06568.826C8AA0"><br>
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On 3/23/15 10:44 AM, "Bickel, Dwight" <<a href="Dwight.Bickel@fntg.com">Dwight.Bickel@fntg.com</a>> wrote:</span><o:p></o:p></p>
<p class="MsoNormal" style="margin-bottom:12.0pt"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif"">The only real property lien that is appropriate is a Deed of Trust to secure the agreement for repayment. A Promissory Note is not needed, because
the amount due is not known. A written agreement defining the reimbursement would be needed. The amount due must be capable of determination at the time of default. It should be signed, acknowledged and recorded at the time of the agreement to perfect the
lien position and its enforceability against now unforeseen other creditors. Waiting until the sale would be foolish, not only risking loss of priority, but also risking a sale to persons who have no knowledge prior to the appearance of the last-minute recording
in the public records.<br>
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</span><b><span style="font-size:10.0pt;font-family:"Calibri","sans-serif"">From:</span></b><span style="font-size:10.0pt;font-family:"Calibri","sans-serif"">
<a href="wsbarp-bounces@lists.wsbarppt.com">wsbarp-bounces@lists.wsbarppt.com</a> [<a href="mailto:wsbarp-bounces@lists.wsbarppt.com">mailto:wsbarp-bounces@lists.wsbarppt.com</a>]
<b>On Behalf Of </b>James Van Damme<br>
<b>Sent:</b> Sunday, March 22, 2015 8:35 PM<br>
<b>To:</b> <a href="wsbarp@lists.wsbarppt.com">wsbarp@lists.wsbarppt.com</a><br>
<b>Subject:</b> [WSBARP] voluntary lien on real property<br>
</span><br>
<span style="font-size:11.0pt;font-family:"Calibri","sans-serif""><br>
</span><span style="font-size:9.0pt">PC's mother is elderly and is moving to a retirement home and they are planning on selling her mobile home. In the meantime the PC is paying the mother's monthly lot rent. PC wants to be repaid from the proceeds.
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</span><span style="font-size:11.0pt;font-family:"Calibri","sans-serif""><br>
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<span style="font-size:11.0pt;font-family:"Calibri","sans-serif""><br>
</span><span style="font-size:9.0pt">I could not find any specific statutory liens covering the situation. Is the proper procedure to execute a promissory note secured by a deed of trust? Should PC then file the deed or wait until the home is sold. <br>
</span><span style="font-size:11.0pt;font-family:"Calibri","sans-serif""><br>
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</span><span style="font-size:11.0pt;font-family:"Calibri","sans-serif""><br>
</span><span style="font-size:9.0pt">Thank you<br>
</span><span style="font-size:11.0pt;font-family:"Calibri","sans-serif""><br>
</span><span style="font-size:9.0pt">James Van Damme <br>
</span><span style="font-size:11.0pt;font-family:"Calibri","sans-serif""><br>
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</span><span style="font-size:11.0pt;font-family:"Calibri","sans-serif""><o:p></o:p></span></p>
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