Transfering Title

[J Scott]

I just purchased my first MH (bank owned) and am in the process of selling it with owner financing...

I assume that when the bank sends me the title, I will register it and pay the transfer fee (I don't yet have a dealer's license).

My question is, when I sell the home, what do I do with the physical title?

Do I keep it (and in my name) until the note is paid off?

Or do I sign it over to the new buyers with myself listed as a lien holder, and then physically hand it to them so they can register the home themselves.

Or something else?

Thanks in advance for any info!