For rent-to own mobiles: Keep title in park's name or buyers' names?

[Nicolas Franckenfeld]

Question for the BP Mobile home experts:

If a park has a fair number of mobile's with Rent-To-Own / Contract-for-Title on them, should the park keep the titles in the park's name or should the titles put them in the buyers' names with a lien?

I am conflicted on what is best as I see good and bad to doing either.

In park name - easier to manage administrative work, ensure taxes are paid, easier to recover if owner walks away or quits paying park rent

In buyer name - they pay taxes, if home is damaged would seem to limit park's responsibility, no insurance cost

If value of the homes is an issue, the mobiles in question are of low value $2-10K ea.

Again, looking for the industry best practices on this.

Thanks!