Manufactured housing: classification as real property.

Summary

If enacted, this bill would amend California Health and Safety Code to reclassify manufactured homes as real property for purposes of ownership documentation and taxation, aligning their treatment with site-built homes. Lenders, servicers, and fintechs would need to update origination, titling, and servicing processes to reflect real property status, potentially altering lien priority, property tax handling, and borrower disclosures. The change primarily affects manufactured housing loan programs.