Colorado § 39-5-203 - Mobile homes - determination of value.

§ 39-5-203. Mobile homes - determination of value.

(1) For the property tax year beginning January 1, 1983, and for each property tax year thereafter, the actual value of a mobile home shall be determined by the assessor in accordance with the provisions of sections 39-1-103 (5) and 39-1-104 (10.2) for the determination of the actual value of real property.

(2) Repealed.

(3) (a) The valuation for assessment of each mobile home shall be computed on the same basis as the valuation for assessment of all taxable property; except that mobile homes shall be exempt from property taxation while located on sales display lots of mobile home dealers and listed as inventories of merchandise by such mobile home dealers. It is the duty of the seller of a mobile home to provide to the buyer a tax certificate and an itemized list of household furnishings, as defined in section 39-3-102 and which are included in the selling price of the mobile home, at the time of sale.

(b) A person who knowingly fails to provide an itemized list of household furnishings as required by this subsection (3) commits a civil infraction; except that, upon conviction of a second or subsequent such offense, such person commits a petty offense and shall be punished as provided in section 18-1.3-503.

Source: L. 77: Entire part RC&RE, p. 1741, § 3, effective January 1, 1978. L. 78: (3) amended, p. 478, § 2, effective March 10. L. 80: (2)(b) and (3) amended, p. 498, § 3, effective July 1. L. 82: (2)(a) amended, p. 557, § 1, effective January 1, 1983; (1) amended and (2) repealed, pp. 555, 556, §§ 2, 3, effective January 1, 1984. L. 83: (1) R&RE and (2) repealed, pp. 1498, 1499, §§ 2, 3, effective April 12; (3) amended, p. 1484, § 9, effective April 22. L. 87: (1) amended, p. 1388, § 8, effective January 1, 1991. L. 88: (1) amended, p. 1274, § 9, effective January 1, 1993. L. 89: (3)(a) amended, p. 1484, § 9, effective April 23. L. 94: (3) amended, p. 707, § 15, effective April 19. L. 95: (1) amended, p. 9, § 4, effective March 9. L. 2002: (3)(b) amended, p. 1555, § 345, effective October 1. L. 2021: (3)(b) amended, (SB 21-271), ch. 462, p. 3294, § 689, effective March 1, 2022.

Cross references: (1) For the power of county commissioners to levy taxes, see § 39-1-111; for household furnishings being exempt from taxation, see § 39-3-102.

(2) For the legislative declaration contained in the 2002 act amending subsection (3)(b), see section 1 of chapter 318, Session Laws of Colorado 2002.