1. (a) Requirements. A manufactured home will be valued and assessed as personal property when the following circumstances exist:

   1. (1) The record owner of the land is not the owner of the manufactured home; or
   2. (2) The manufactured home is registered and the certificate of title indicates that ownership is in the name of an individual other than the record owner of the land unless a valid bill of sale and an OTC Form 936 is produced; or
   3. (3) The manufactured home is omitted from the assessment and tax rolls.

2. (b) Examples. The following are examples of instances wherein the manufactured home will be treated as personal property.

   1. (1) Manufactured home owner rents space in manufactured home park.
   2. (2) Manufactured home owner rents acreage in a platted or unplatted subdivision.
   3. (3) Manufactured home owner places manufactured home on the land of a son, daughter or other relatives.

Amended at 12 Ok Reg 2603, eff 6-26-95