From c595b7780de9701eae7d8e433d33502141ad6a46 Mon Sep 17 00:00:00 2001
From: Dima K
@@ -264,26 +264,25 @@
-
+ This applies when the home is owned by a single individual or organization.
+ This applies when the home is owned by two or more individuals and/or organizations jointly, with rights of
+ survivorship. In joint tenancy, if one joint tenant dies (or for an organization, if it ceases to exist) their
+ ownership share in the home passes to the surviving joint owner(s).
+
+ This applies when the home is owned by two or more individuals and/or organizations that owns an undivided share
+ in the home. Ownership will be displayed in groups of owners with their undivided portion. Each owner has the
+ right to dispose of their share independently of the other owners, and in the case of the death of an individual,
+ their share will belong to the estate of the individual, or through the legal process for dissolution of assets,
+ in the case of an organization.
+
+ A group is one or more owners of the home that have an equal undivided share of the home. Tenants in common are
+ recorded in the Manufactured Home Registry in groups. The relationship between groups will always be as tenants in
+ common. The relationship between owners within each group is a joint tenancy. There may be multiple groups with
+ joint tenants.
+
+ Each group’s ownership share must be recorded as a portion of the total number of equal shares in the home. For
+ example, if the home is owned by two groups, and each owns half of the home, this is recorded as each group
+ holding 1 of 2 shares. If the home is owned by two groups but one group holds two-thirds and one group holds
+ one-third, this is recorded as the first group holding 2 of 3 shares and the second group holding 1 of 3 shares.
+
+ When adding groups of owners, you must enter the total number of shares in the home (Total Available) and the
+ number of shares owned by each group (Amount Owned by the Group). All groups should use the same denominator as is
+ used for Total Available, preferably using the lowest common denominator for all groups.
+
+ As indicated in the Manufactured Home Registry, some complex ownership transfers, including transfers of an
+ interest in a home to a trustee or a trust of any kind or to a surviving joint tenant following an organization
+ ceasing to exist, cannot be completed online.
+
+ If the transfer or change of ownership you are trying to register cannot be completed online, the request must be
+ sent to the Manufactured Home Registry for BC Registries staff to submit on your behalf.
+
+ Send your Ownership Transfer or Change form, Bill of Sale form (if applicable), plus supporting documents and fee
+ to:
+
+ Manufactured Home Registry
+
+ Visit the Manufactured Home Registry forms and fees page
+
+ Monday to Friday, 8:30 am - 4:30 pm Pacific time
+ Help with Ownership Transfer or Change
+
+
+ Sole Ownership
+
+ Joint Tenancy
+ Tenants in Common
+ Definition for Groups
+ Recording Ownership for Multiple Groups
+ Qualified Supplier Limitations
+
+ PO Box 9431 Stn Prov Govt
+ Victoria, B.C.
+ V8W 9V3
+
+ Need Help? Contact Us
+
+ Hours of Operation:
+
This applies when the home is owned by a single individual or organization.
+- This applies when the home is owned by a single individual or organization. + This applies when the home is owned by two or more individuals and/or organizations jointly, with rights + of survivorship. In joint tenancy, if one joint tenant dies (or for an organization, if it ceases to + exist) their + ownership share in the home passes to the surviving joint owner(s).
-- This applies when the home is jointly owned by a number of individuals or - organizations or some combination of the two. + This applies when the home is owned by two or more individuals and/or organizations that owns an undivided + share in the home. Ownership will be displayed in groups of owners with their undivided portion. Each + owner has the right to dispose of their share independently of the other owners, and in the case of the + death of an individual, + their share will belong to the estate of the individual, or through the legal process for dissolution of + assets, in the case of an organization.
-- This applies when the home is owned by a number of groups or individuals or - organizations or some combination of the two (where a group could consist of - a single owner) and each group of owners has the right to dispose of their share - independent of the other owner groups and will be disposed of as part of the - estate in the case of a death. + A group is one or more owners of the home that have an equal undivided share of the home. Tenants in + common are + recorded in the Manufactured Home Registry in groups. The relationship between groups will always be as + tenants in + common. The relationship between owners within each group is a joint tenancy. There may be multiple groups + with + joint tenants.
+- Each group will hold a certain share of the home. To record this it is - necessary to express this as some number of a total number of equal shares. - For example, if the home is owned by two owner groups each of whom owns half of - the home this can be seen as each group holding 1 of 2 shares. If the home is - owned by two groups but one holds two-thirds and one holds the other third this - can be expressed as the first holding 2 of 3 shares and the second holding 1 of - 3 shares. + Each group’s ownership share must be recorded as a portion of the total number of equal shares in the + home. For + example, if the home is owned by two groups, and each owns half of the home, this is recorded as each + group + holding 1 of 2 shares. If the home is owned by two groups but one group holds two-thirds and one group + holds + one-third, this is recorded as the first group holding 2 of 3 shares and the second group holding 1 of 3 + shares.
- When adding owners into groups, the total number of shares in a home (Total - Available) must be entered as well as the number of shares each group owns - (Amount Owned by the Group). It is recommended that all groups use the same - common denominator for Total Available, preferably using the lowest common - denominator. + When adding groups of owners, you must enter the total number of shares in the home (Total Available) and + the + number of shares owned by each group (Amount Owned by the Group). All groups should use the same + denominator as is + used for Total Available, preferably using the lowest common denominator for all groups.