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Senate committee advances bill to speed conversion of manufactured homes to real property
Summary
The Georgia Senate Banks and Banking Committee advanced legislation that would ease lender sign-off requirements when converting manufactured homes to real property, a change supporters say could lower long-term financing costs for owners.
Senator Russ Goodman, appearing before the Georgia Senate Banks and Banking Committee, presented a bill to change how manufactured homes are converted from chattel to real property and the committee voted to advance the measure.
Goodman said the Senate measure carries identical language to House Bill 377, sponsored by Representative Rob Leverett, and told the committee, "You've already passed this bill out unanimously." He described delays caused by a requirement that the home owner…
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