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# What is a Mobile Home (Personal Property/Residence) type of collateral?

A mobile home is defined as a structure, transportable in one or more sections, which is built on a permanent chassis and designed to be used as a residential dwelling with or without a permanent foundation when connected to the required utilities, and includes the plumbing, heating, air-conditioning, and electrical systems contained within it. Some states may classify a mobile home as a motor vehicle or manufactured home. This definition may vary from state to state. The reference to residence means that it is used or expected to be used as a dwelling of the consumer.

This collateral type is meant to identify personal property. If state law requires the mobile home to be treated as real property (for example, if the mobile home has been permanently attached to real property) select the appropriate collateral type under the Real Estate category. Depending on state titling laws, you may have to choose both collateral types in order to get the complete documentation.

For more specific information about what is covered under these collateral types, refer to your state regulations