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MANUFACTURED HOUSING LATEST
EXAM WITH UPDATED QUESTIONS
AND DETAILED ANSWERS GRADED
A+
Question-Any person knowingly violating the provisions of the regulations issued pursuant to CA Health and Safety Code Division 13, Part 2: A. May be found guilty of a felony B. Is subject to fines C. Is guilty of a Civil Offense D. Is guilty of a misdemeanor - answer-D. Is guilty of a misdemeanor Question-Willful violations of the regulations adopted by the department governing mobile home escrows, advertising, warranty or alterations by a dealer or salesperson may: A. Result in suspension of the license issued by the department B. May cause the dealer/salesperson to be found guilty of a felony C. May cause the dealer/ salesperson to be found guilty of a misdemeanor D. Result in both A and C above - answer-D. Result in both A and C above: Result in suspension of the license issued by the department
- AND- May cause the dealer/ salesperson to be found guilty of a misdemeanor A person who induces or attempts to induce any other person to buy or exchange an interest in a manufactured/mobile home or receives or expects to receive a commission from either the seller or purchaser is:
A. Guilty of a misdemeanor B. Required to possess a valid manufactured/mobile home manufacturer's license C. Required to possess a valid manufactured/mobile home dealer's or salesperson's license D. May have their license suspended or revoked - answer-C. Required to possess a valid manufactured/ mobile home dealer's or salesperson's license Question-A manufactured/mobile home may be sold as new: A. Even if it has been sold previously but only if occupied for six months or less B. Even if it has been sold and registered bu the model and year are current C. If it has never been sold to a retail purchaser or registered D. Only if the model year is current - answer-C. If it has never been sold to a retail purchaser or registered Question-Anybody who violates any provision of the federal manufactured home construction and safety standards act in this state shall be liable to the state for a civil penalty not to exceed: A. $500.00 for each violation B. $1,000.00 for each violation C. $1,000,000. D. $200.00 for each violation but not over $1,000.00 total - answer-B. $1,000.00 for each violation Question-Dealers are required to exercise reasonable supervision over the activities of: A. Salespersons B. Employees negotiating or promoting the sale of a manufactured/mobile homes C. General managers who exercises control over the dealer's business D. All of those listed above - answer-D. All of those listed above
A. Approved by the local building department or other authority B. Approved by the Department of Housing and Community Development prior to such alterations. C. Approved by the Department of Motor Vehicles D. Approved by HUD if the estimated value is greater that $100. - answer-B. Approved by the Department of Housing and Community Development prior to such alterations Question-If local authorities require alterations to meet new manufactured/mobile home standards, the dealer should: A. Notify the prospective buyer of the estimated cost prior to completing a sales agreement B. Immediately notify the Department of Housing and Community Development C. Submit the alteration plans and required fees to the local authorities D. Obtain the services of a licensed contractor to develop the pans and perform the work - answer-B. Immediately notify the Department of Housing and Community Development Question-If a dealer alters a manufactured/mobile home which takes it out of compliance with the federal standards and then sell it, the dealer: A. Has violated the federal regulations B. May be fined $1000.00 for each violation C. Is liable to the federal government for Civil Penalties D. Is subject to all the above - answer-D. Is subject to all the above Question-Alterations to the structural, mechanical, plumbing, or electrical systems of a manufactured/mobile home bearing a HUD label must first be approved by: A. HCD B. The manufacturer C. Both B and D
D. HUD - answer-A. HCD Question-New manufactured/mobile homes may be altered by dealers: A. In order to comply with local ordinances or regulations which are more stringent than the state's requirements B. If approved by the city or county having jurisdiction C. If approved by the purchaser D. If approved by HCD first - answer-D. If approved by HCD first Question-The manufacturer is required to affix a label to each manufactured/mobile home which includes: A. The make, model, serial number, name location of dealer where it is being delivered and the suggested retail price B. The design speeds, limitations, and other information pertinent to the unit's transportation C. The estimated energy requirements needed to heat or cool the unit D. All the above - answer-A. The make, model, serial number, name location of dealer where it is being delivered and the suggested retail price Question-Removal of the manufacturer's label, as required, is prohibited, except by: A. The dealer B. The retail purchaser C. The installer D. The inspecting authority - answer-B. The retail purchaser Question-Which of the following are required to be deposited by the dealer into an escrow account which are received toward the purchase of a manufactured/mobile home?
C. Written confirmation signed by the dealer that the unit has been delivered to the purchaser in accordance with the agreements and the purchaser is free to occupy the unit, along with the installation acceptance issued by the agency in authority D. A copy of the installation acceptance by the public agency in authority - answer-C. Written confirmation signed by the dealer that the unit has been delivered to the purchaser in accordance with the agreements and the purchaser is free to occupy the unit, along with the installation acceptance issued by the agency in authority Question-From the information provided by the dealer, the escrow agent shall prepare escrow instructions which: A. Must be signed by both the buy of a new or used unit and the dealer B. Must close on the date specified by the dealer and buyer unless amended otherwise C. Provides that the escrow agent retains the original with copies going to the buyer and dealer D. All the above are correct - answer-D. All the above are correct Question-When an escrow agent receives notice of a dispute between the parties to an escrow, the agent must hold all funds designated as a deposit until: A. The buyer notifies the agent of the cancellation of the sale and demands the return of his money B. All other funds held in escrow are returned to the respective persons except the dealer C. The agent receives a release assignment from the disputing party or an assignment by Court of Law D. The dealer notifies escrow of the cancellation of the sale submits a written demand on escrow for the deposit - answer-C. The agent receives a release assignment from the disputing party or an assignment by Court of Law Question-The escrow instructions must identify the fixed amounts of deposit, down payment, and balance due consistent with: A. The purchase documents and receipt for deposit
B. The receipt for deposit only C. The oral agreements between the parties to escrow D. An order from the lending institution - answer-A. The purchase documents and receipt for deposit Question-When a manufactured/ mobile home is to be installed, funds may be disbursed from the escrow account when: A. The dealer completes installation of the unit B. The installation has complied with the escrow instructions C. The unit has been delivered to the proper site by the manufacturer D. Installation is completed and after the unit has received an installation acceptance inspection by the enforcement agency with written notice to escrow - answer-D. Installation is completed and after the unit has received an installation acceptance inspection by the enforcement agency with written notice to escrow Question-The length of escrow shall be for: A. A period of time mutually agreed upon by dealer and buyer, or as may extended for 30 day increments B. A period of 120 days or as extended in writing C. The time necessary for the unit to be delivered to the buyer and the buyer to notify the escrow agent D. A period of time mutually agreed upon in writing by the buyer and dealer or as may be extended by mutual written consent with notice to the escrow agent - answer-D. A period of time mutually agreed upon in writing by the buyer and dealer or as may be extended by mutual written consent with notice to the escrow agent Question-A manufactured/mobile home may be delivered to a buyer at the dealer's location providing the buyer agrees to accept full responsibility for installation and providing:
D. Permissible for purchasers of used units only - answer-B. Void and unenforceable Question-Funds designated for an accessory may be released from escrow under which of the following: A. When the accessory is actually installed B. When the installation acceptance for the unit is issued by the enforcement agency C. When escrow closes, providing construction work has begun D. During the term of escrow providing construction has been completed - answer-A. When the accessory is actually installed Question-When the sale of a new manufactured/ mobile home includes an amount for an accessory to be installed as part of the sale, which of the following is correct: A. Funds for the accessory may be disbursed for the accessory when escrow receives a statement of installation acceptance issued by the enforcement agency B. If a portion of the amount in escrow is designated for the accessory, it may be disbursed only after the accessory is actually installed and the dealer has submitted a written statement to that effect C. Funds in escrow designated for the accessory must be disbursed at close of escrow D. Funds for the payment of the accessory may be withheld from escrow and paid directly to the dealer - answer-B. If a portion of the amount in escrow is designated for the accessory, it may be disbursed only after the accessory is actually installed and the dealer has submitted a written statement to that effect Question-When the sale of a manufactured/ mobile home includes accessories to be installed by persons under contract with the dealer: A. All funds for the accessories and their installation must be placed in escrow B. The funds for the accessories and their installation need not be deposited into escrow if the dealer and buyer enter into a separate contract for the accessories and their installation
C. The dealer will have no responsibility for the deliver, installation, workmanship, or quality of the materials used by the contracted person. D. All the accessories must be installed prior to occupancy - answer-A. All funds for the accessories and their installation must be placed in escrow Question-In the event of a breach by a dealer of a purchase agreement where the buyer traded in a manufactured/ mobile home toward the purchase of another manufactured/mobile home and the dealer is unable to return the unit used toward the purchase, the dealer must: A. Refund to the buy either the value designated in the purchase agreement or the fair market value of the unit used as a trade-in within five days of the breach B. Refund to the buyer the fair market value of the trade-in within 30 days of the breach C. Refund to the buyer the value designated in the purchase agreement of the trade-in within 30 days of the breach D. Replace the trade-in with a manufactured/ mobile home of equal or greater value within 30 days - answer-A. Refund to the buy either the value designated in the purchase agreement or the fair market value of the unit used as a trade-in within five days of the breach Question-If the buyer of a manufactured/ mobile home is to arrange for financing without the assistance of the dealer and the buyer is unable to obtain financing: A. Escrow shall terminate, and the dealer is entitled to the deposit B. Escrow shall terminate, and all money shall be returned to the buyer, unless a letter of commitment of financing is delivered into escrow C. The dealer is entitled to the deposit if the unit has been delivered D. The dealer is entitled to the deposit if the unit has been delivered from the manufacturer - answer-B. Escrow shall terminate, and all money shall be returned to the buyer, unless a letter of commitment of financing is delivered into escrow Question-A dealer may solicit, obtain listings, engage in multiple listings or engage in payments: A. With other licensed dealers for the sale of new or used manufactured/ mobile homes
B. The value of the unit may be discounted from the amount shown in the contract due to the passage of time C. The value of the unit must be increased due to increased cost of replacement D. The value of the unit must be increased due to increased cost of replacement less any repairs needed to make the unit saleable - answer-A. The value of the unit shall be deemed restitution without any decrease resulting from the passage of time Question-When a dealer has repossessed a manufactured/ mobile home and the dealer plans to sell it on the open market, the dealer: A. Is required to notify the owner 10 days prior to the sale B. Is required to notify the owner 15 days prior to the sale C. Is required to notify the legal owner 20 days prior to sale D. Is required to notify the legal owner 30 days prior to sale - answer-B. Is required to notify the owner 15 days prior to the sale Question-A buyer whose manufactured/ mobile home has been repossessed and has been properly notified of the dealer's intent to resell the unit may exercise the right to reclaim the unit up to the 15th day after receiving notice: A. If the contract balance is paid in full B. If collection costs incurred by the dealer are paid in full C. If any delinquent fees are paid in full D. All the above are true and may be required - answer-D. All the above are true and may be required Question-A dealer may obtain listings to some manufactured/ mobile homes and enter into multiple listings with other dealers: A. Except for units installed on permanent foundations B. But must include in any listing agreement a date when the listing is to terminate
C. Except for units not titled and still in inventory D. All the above are correct - answer-D. All the above are correct Question-It is unlawful for any person to act as a salesperson without first having procured a license, temporary permit, or certificate issued by the department or: A. When the license, temporary permit, or certificate has expired B. When the license, temporary permit, or certificate has been cancelled C. When the license, temporary permit, or certificate has been suspended or revoked D. All the above are true and correct - answer-D. All the above are true and correct Question-Every manufactured/ mobile home sold for the first time after July 1, 1980 must be placed on the country tax rolls and taxed the same as real property. If the unit was first sold prior to July 1, 1980 it is: A. Taxed and licensed annually B. Taxed and licensed annually unless converted to property taxes as any other county property C. Converted to property tax at the time of resale D. Taxed and licensed annually when placed on a permanent foundation - answer-B. Taxed and licensed annually unless converted to property taxes as any other county property Question-A dealer is required to employ only those salespersons who have a valid license or 90 day certificate and must: A. Require each salesperson to maintain the license or certificate on their person while performing as a salesperson B. Maintain the license or certificate on file at the dealer's established place of business while that person is employed as a salesperson C. Be certain that all salespersons renew their license or certificate as required
Question-The mobile home recovery fund has been created to eliminate the need for posting $5,000 bonds by licensed dealers. It is maintained by: A. By receipt of a one time fee of $250 for every dealer's license issued or renewed after January 1, 198 5 B. By receipt of a one time fee of $25 for every salesperson's license issued or renewed after January 1, 1985 C. The payment of a fee not to exceed $10 for every sale of a manufactured/ mobile home reported to the department, prior to issuance of a new registration D. All the above - answer-D. All the above Question-The department may refuse to issue a dealer's license to an applicant who: A. All of the following are correct B. Was the previous holder of a license that was suspended and not reissued and the terms of the suspension haven't been fulfilled C. Was the previous partner or officer of a dealership whose license was suspended and not reissued and the terms of suspension haven to been fulfilled D. Has been convicted of a crime involving moral terpitude - answer-A. All of the following are correct Question-The department may refuse to issue a dealer's license to an applicant if: A. The applicant has been a licensed salesperson for the last 2 years B. The applicant was the previous limited partner in a dealership whose license was suspended and the terms of suspension have not been fulfilled C. The applicant was employed by a dealer whose license was suspended and not reissued D. The applicant has never been convicted of a serious crime - answer-B. The applicant was the previous limited partner in a dealership whose license was suspended and the terms of suspension have not been fulfilled
Question-The department may refuse to issue a dealer's license for which the following: A. If the information in the application is incorrect B. If the applicant has an outstanding final judgement in connection with the sale of any manufactured/ mobile home C. If the investigation of the applicant reveals substantial irregularities D. All the above are correct - answer-D. All the above are correct Question-The department may, pending a hearing, temporarily suspend a dealer's license for a period of 30 days if the director finds: A. That such action is required in the public interest B. That the dealer has been convicted of a misdemeanor C. That the dealer has violated the regulations adopted pursuant to the government code D. All the above are correct - answer-A. That such action is required in the public interest Question-A licensed salesperson employed by two dealers whose ownership structure is not identical: A. May do so if both dealers are aware of the salesperson's activities B. May do so if both dealers sign a statement acknowledging the salesperson's employment pursuant to the Business Administrative Code C. Is in violation of the law and the department may take administrative action to obtain a revocation or suspension of the salesperson's license D. None of the above are correct - answer-C. Is in violation of the law and the department may take administrative action to obtain a revocation or suspension of the salesperson's license Question-Every person of a corporation who will participate in the direction or management of manufactured/ mobile home sales: A. Need not be licensed if in the employment of a licensed dealer
Question-It is unlawful to make a misleading statement when advertising a manufactured/ mobile home, or commercial coach by: A. Advertisements in newspapers or other publications B. Verbal communications C. Public broadcasting D. All the above - answer-D. All the above Question-After the sale of an advertised manufactured/ mobile home, a dealer must A. Notify DMV of the sale within 20 days B. Open an escrow account if the unit requires delivery C. Withdraw any advertisement for that unit within 48 hours D. All the above are false - answer-C. Withdraw any advertisement for that unit within 48 hours Question-A cause for the department to revoke or suspend a dealer's license is: A. Employing unlicensed, non-certificated salespersons, or those without temporary permits B. Selling used units without offering an express warranty C. Selling new units below the manufacturer's suggested retail price D. All the above - answer-A. Employing unlicensed, non-certificated salespersons, or those without temporary permits Question-It's unlawful for a salesperson to: A. Fail to deliver his/her license or 90 day certificate to the employing dealer at the time of employment B. Fail to report in writing to the department within ten days for every change of residence address
C. Act or attempt to act as a salesperson while not employed by a dealer D. All the above - answer-D. All the above Question-Dealers are required to exercise reasonable supervision over: A. Salespersons B. Employees negotiating or promoting the sales of manufactured/mobile homes C. Managers who exercise managerial control over the dealer's business D. All the above - answer-D. All the above Question-Sales tax must be paid on the sale of a manufactured/ mobile home that: A. Is any unit that is sold and being installed in a mobile home park B. Is a used unit located in a mobile home park C. Is a unit first sold prior to July 1, 1980 and not converted to property tax D. All the above - answer-C. Is a unit first sold prior to July 1, 1980 and not converted to property tax Question-It is unlawful for a dealer to sell, offer to sell, rent, or lease within this state any manufactured/ mobile home, or commercial coach that: A. Is not located in CA at time of sale B. Is not licensed by HUD C. Is not licensed by the Department of Housing and Community Development D. Is not licensed by DMV - answer-C. Is not licensed by the Department of Housing and Community Development Question-A licensed salesperson is subject to license revocation or suspension for:
