§ 31-2-504 — Transfer of ownership

Wyoming § 31-2-504

• Jurisdiction: Wyoming
• Title 31: Motor Vehicles
• Ch. 2: TITLE AND REGISTRATION
• Art. 5: MOBILE HOMES

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(a) Except as otherwise provided in this section, the
owner of a mobile home who sells or transfers his interest in a
mobile home for which a certificate of title has been issued
shall endorse an assignment and warranty of title upon the
certificate for the mobile home with a statement of all liens
and encumbrances thereon and that all taxes due thereon have
been paid, which assignment, warranty and statement shall be
signed and dated by the owner before a notarial officer and
acknowledged thereby in the manner provided by law, to be dated
and delivered to the transferee at the time of delivering the
mobile home.
(b) If the transferee is a mobile home dealer who holds
the mobile home for resale and procures the certificate of title
from the transferor, the dealer is not required to obtain a new
certificate of title but may transfer the mobile home by an
assignment and warranty of title upon the certificate of title
and deliver the certificate to a subsequent transferee.
(c) In the event of a transfer by operation of law of any
interest in a mobile home as upon an order in bankruptcy or
insolvency, execution sale, repossession upon default in the
performance of the terms of a lease or sales contract or
otherwise than by voluntary act of the person whose title or
interest is transferred, the administrator, receiver, trustee,
sheriff, creditor or other representative or successor in
interest of the person whose interest is transferred shall
forward to the county clerk an application for a certificate of
title together with a verified or certified statement of the
transfer of interest. The statement shall set forth the reason
for the involuntary transfer, the interest transferred, the name
of the transferee, the process or procedure effecting the
transfer and other information requested by the county clerk.
Evidence and instruments otherwise required by law to effect a
transfer of legal or equitable title to or an interest in a
mobile home in such cases shall be furnished with the statement.
If a transfer of title to a creditor is accomplished in
accordance with the provisions of this subsection, a creditor
retains the right to seek any deficiency balance which may exist
after sale, provided the creditor has complied with applicable
law, and the transfer by itself shall not be considered a strict
foreclosure or an election to retain the collateral in
satisfaction of an obligation as provided by W.S. 34.1-9-620 and
does not affect the debtor's right to redeem the collateral
under W.S. 34.1-9-623. If from the records of the county clerk
there appears to be any lien on the mobile home which was
recorded prior to the lien of the creditor applying for title
and which has not been released, the certificate of title shall
contain a statement of the lien. The creditor repossessing and
applying for title to the mobile home shall notify all persons
holding liens on the mobile home by certified mail return
receipt requested at least fifteen (15) days prior to filing the
application for title. Any proceeds from the sale, lease or
other disposition of the mobile home shall be distributed in
accordance with the provisions of W.S. 34.1-9-610 and