HUD CERTIFICATION EXAMINATION TEST 2026
QUESTIONS AND VERIFIED ANSWERS
◉ Final Judgement. Answer: When: With 5 days of Court Hearing
The tenant must pay the judgement or cure the violation of the lease
if the judge decides the client is at fault. Tenant may also close to
appeal during this period.
◉ Eviction. Answer: When: Final Judgement made, 72 hr warning
issued
If the tenant does not respond to the final judgement during the
appeal period, the landlord can file to issue a writ of possession
authorizing the removal of a tenant and their belongings from the
rental unit. A copy of the writ of possession which includes the date
and time after which the eviction can take place, must be delivered
to the tenant at least 72 hrs before the eviction. After the 72 hr
period the landlord has 2 options.
1. Lock Change Eviction: The landlord changes the lock on the unit
but allows the tenant 24 hrs of access to the unit to remove their
possessions. Any possessions remaining after that period become
the landlords property.
2. Forcible Eviction: A law enforcement officer executes the eviction,
forcibly removing the tenant and their belongings if necessary.
,◉ Writ of Possession. Answer: A court order that serves as an
eviction from a property. The writ outlines the specific time a person
has to vacate the property before authorizing an official to forcibly
remove a person and their belongings from a property.
◉ Manufactured Home Land-Lease Eviction Process. Answer:
Manufactured Home owners who own the home and land as real
property = Foreclosure
Manufactured Home rented home and lot = Eviction same as if
renting an apartment
Manufactured Home owner but rents the lot = Might have to remove
the home from the lot and or they would charge storage fees, or
move it outside the property lines and charge the tenant.
◉ Lienholder Rights and Responsabilities. Answer: As a lienholder
on the manufactured home, the lender has a right to the home as
collateral. Depending on the loan terms the homeowner may need
permission from the lender to relocate the home upon eviction.
◉ Relocating a Manufactured Home Upon Eviction. Answer: -
Condition of the home
-Cost to move the home (5k-20k detaching, utilities, transportation,
reattaching and insurance)
,-Finding a new site (make sure up to date with proper building
codes and zoning requirements)
-Hiring qualified movers (licensed to move in any state passing
through and if a police escort is needed)
◉ FICO Score. Answer: -300-850
-35% Account History
-30% Utilization Rate
-15% Account Age
-10% Credit Inquiries
-10% Credit Mix
◉ FICO. Answer: Fair Isaac Corporation
◉ FCRA. Answer: Fair Credit Reporting Act
-Accuracy fairness of info contained in the files
-We can know what is in the report
-Access limit-violators pay damages
-Allows disputing inaccuracies
, ◉ FACTA. Answer: Fair and Accurate Credit Transactions Act
-Free credit report yearly
-Fraud alert
-Identify theft protection
-Credit card numbers must be truncated (not fully visible)
◉ FCBA. Answer: Fair Credit Billing Act
-Law enacted in 1974 as an amendment to the Truth in Lending Act
-Can dispute billing errors
-Within 60 days
-Creditor has 30 days to respond and 90 days to research
-Billed
◉ 4 Cs of Credit. Answer: Character
Capacity
Capital
Collateral
◉ Front End Ratio. Answer: Front End Ratio = Monthly Housing
Expenses / Gross Monthly Income
QUESTIONS AND VERIFIED ANSWERS
◉ Final Judgement. Answer: When: With 5 days of Court Hearing
The tenant must pay the judgement or cure the violation of the lease
if the judge decides the client is at fault. Tenant may also close to
appeal during this period.
◉ Eviction. Answer: When: Final Judgement made, 72 hr warning
issued
If the tenant does not respond to the final judgement during the
appeal period, the landlord can file to issue a writ of possession
authorizing the removal of a tenant and their belongings from the
rental unit. A copy of the writ of possession which includes the date
and time after which the eviction can take place, must be delivered
to the tenant at least 72 hrs before the eviction. After the 72 hr
period the landlord has 2 options.
1. Lock Change Eviction: The landlord changes the lock on the unit
but allows the tenant 24 hrs of access to the unit to remove their
possessions. Any possessions remaining after that period become
the landlords property.
2. Forcible Eviction: A law enforcement officer executes the eviction,
forcibly removing the tenant and their belongings if necessary.
,◉ Writ of Possession. Answer: A court order that serves as an
eviction from a property. The writ outlines the specific time a person
has to vacate the property before authorizing an official to forcibly
remove a person and their belongings from a property.
◉ Manufactured Home Land-Lease Eviction Process. Answer:
Manufactured Home owners who own the home and land as real
property = Foreclosure
Manufactured Home rented home and lot = Eviction same as if
renting an apartment
Manufactured Home owner but rents the lot = Might have to remove
the home from the lot and or they would charge storage fees, or
move it outside the property lines and charge the tenant.
◉ Lienholder Rights and Responsabilities. Answer: As a lienholder
on the manufactured home, the lender has a right to the home as
collateral. Depending on the loan terms the homeowner may need
permission from the lender to relocate the home upon eviction.
◉ Relocating a Manufactured Home Upon Eviction. Answer: -
Condition of the home
-Cost to move the home (5k-20k detaching, utilities, transportation,
reattaching and insurance)
,-Finding a new site (make sure up to date with proper building
codes and zoning requirements)
-Hiring qualified movers (licensed to move in any state passing
through and if a police escort is needed)
◉ FICO Score. Answer: -300-850
-35% Account History
-30% Utilization Rate
-15% Account Age
-10% Credit Inquiries
-10% Credit Mix
◉ FICO. Answer: Fair Isaac Corporation
◉ FCRA. Answer: Fair Credit Reporting Act
-Accuracy fairness of info contained in the files
-We can know what is in the report
-Access limit-violators pay damages
-Allows disputing inaccuracies
, ◉ FACTA. Answer: Fair and Accurate Credit Transactions Act
-Free credit report yearly
-Fraud alert
-Identify theft protection
-Credit card numbers must be truncated (not fully visible)
◉ FCBA. Answer: Fair Credit Billing Act
-Law enacted in 1974 as an amendment to the Truth in Lending Act
-Can dispute billing errors
-Within 60 days
-Creditor has 30 days to respond and 90 days to research
-Billed
◉ 4 Cs of Credit. Answer: Character
Capacity
Capital
Collateral
◉ Front End Ratio. Answer: Front End Ratio = Monthly Housing
Expenses / Gross Monthly Income
