Oklahoma Administrative Code
Title 710 - Oklahoma Tax Commission
Chapter 10 - AD Valorem
Subchapter 9 - Manufactured Homes
Section 710:10-9-21 - Calculation of taxes due on repossessed or relocated manufactured home

Universal Citation: OK Admin Code 710:10-9-21

Current through Vol. 42, No. 1, September 16, 2024

Manufactured homes valued and assessed as real property; lawful repossession. The amount of taxes due on a manufactured home being repossessed by the holder of a perfected security interest, or his agent, which is located upon real property that qualified for a homestead January 1st, or is granted prior to repossession, will be calculated as follows:

(1) The assessed valuation of the manufactured home will be determined separately and apart from the land and other improvements;

(2) The appropriate mill levy will be applied against the assessed valuation of the manufactured home to determine the taxes due;

(3) The amount of homestead value in excess of the land value or other improvements shall not be applied to the assessment of the manufactured home.

Amended at 12 Ok Reg 2603, eff 6-26-95; Amended at 15 Ok Reg 3451, eff 7-11-98; Amended at 19 Ok Reg 1205, eff 5-11-02

Disclaimer: These regulations may not be the most recent version. Oklahoma may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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