New Mexico Manufactured Homes
Salesperson: Complete Practice
Exam & Study Guide 200 Questions
with Rationales {2025/2026]
1. Which of the following best describes the employment
restriction for a New Mexico manufactured-housing
salesperson?
• A) May work for multiple dealers simultaneously if each is in a
different county
• B) May be employed by only one dealer or broker at any given
time
• C) May be employed by any number of dealers provided a written
waiver is filed
• D) May act as an independent contractor for several dealers
without a license
Answer: B
Rationale: NMAC 14.12.2.13(E) explicitly states: "A salesperson or
associate broker shall not work for, be employed by or conduct
transactions for more than one dealer or broker at the same time" . This
rule prevents conflicts of interest and ensures clear fiduciary duties to a
single employer .
2. A temporary license issued to a salesperson in New
Mexico is valid for how many days?
, • A) 15 days
• B) 30 days
• C) 60 days
• D) 90 days
Answer: B
Rationale: A temporary license is valid for 30 days. This allows a new
salesperson to work while completing the permanent licensing process,
after which they must obtain a permanent license or cease sales
activities .
3. Which activity is prohibited while a salesperson's license
is under suspension?
• A) Attending industry seminars
• B) Observing sales floor activities
• C) Conducting a sale on behalf of a dealer
• D) Updating personal contact information with the licensing board
Answer: C
Rationale: NMAC 14.12.2.13(G) states: "A salesperson shall not act as a
salesperson while his license is in the custody of the Division" .
Conducting sales or engaging in any transactions while the license is
suspended is prohibited and violates New Mexico licensing regulations .
4. Where must a salesperson's license be displayed at the
dealership?
, • A) In the manager's office only
• B) At the primary entrance of the dealership
• C) In the sales showroom window
• D) On the dealer's website
Answer: B
Rationale: New Mexico regulations require the license to be posted at
the dealership's primary entrance for public visibility. This ensures
consumers can easily verify that the salesperson and dealership are
properly licensed .
5. To be eligible for a salesperson license in New Mexico, an
applicant must:
• A) Own a manufactured home dealership
• B) Have at least two years of experience in construction
• C) Work under a licensed dealer or broker
• D) Possess a real-estate broker license
Answer: C
Rationale: NMSA 60-14-7 requires all salespersons to be licensed, and a
salesperson's license entitles the holder to be employed by a dealer or
broker . Salespersons must work under a licensed dealer or broker;
ownership of a dealership or unrelated experience is not required .
6. What is the minimum age requirement for a
manufactured housing salesperson license in New Mexico?
, • A) 16 years old
• B) 18 years old
• C) 21 years old
• D) 25 years old
Answer: B
Rationale: Licensing requirements specify that applicants must be at
least 18 years old to qualify for a salesperson license .
7. A salesperson's license is held in the custody of:
• A) The salesperson
• B) The employer
• C) The Manufactured Housing Division
• D) The state licensing board
Answer: B
Rationale: NMAC 14.12.2.13(C)(1) states: "A salesperson's license shall
be in the custody of his employer" . The salesperson receives a wallet
card, but the physical license is retained by the employing dealer or
broker.
8. When a salesperson is discharged or transfers
employment, the employer must return the salesperson's
license to the division within:
• A) 5 days
• B) 10 days
Salesperson: Complete Practice
Exam & Study Guide 200 Questions
with Rationales {2025/2026]
1. Which of the following best describes the employment
restriction for a New Mexico manufactured-housing
salesperson?
• A) May work for multiple dealers simultaneously if each is in a
different county
• B) May be employed by only one dealer or broker at any given
time
• C) May be employed by any number of dealers provided a written
waiver is filed
• D) May act as an independent contractor for several dealers
without a license
Answer: B
Rationale: NMAC 14.12.2.13(E) explicitly states: "A salesperson or
associate broker shall not work for, be employed by or conduct
transactions for more than one dealer or broker at the same time" . This
rule prevents conflicts of interest and ensures clear fiduciary duties to a
single employer .
2. A temporary license issued to a salesperson in New
Mexico is valid for how many days?
, • A) 15 days
• B) 30 days
• C) 60 days
• D) 90 days
Answer: B
Rationale: A temporary license is valid for 30 days. This allows a new
salesperson to work while completing the permanent licensing process,
after which they must obtain a permanent license or cease sales
activities .
3. Which activity is prohibited while a salesperson's license
is under suspension?
• A) Attending industry seminars
• B) Observing sales floor activities
• C) Conducting a sale on behalf of a dealer
• D) Updating personal contact information with the licensing board
Answer: C
Rationale: NMAC 14.12.2.13(G) states: "A salesperson shall not act as a
salesperson while his license is in the custody of the Division" .
Conducting sales or engaging in any transactions while the license is
suspended is prohibited and violates New Mexico licensing regulations .
4. Where must a salesperson's license be displayed at the
dealership?
, • A) In the manager's office only
• B) At the primary entrance of the dealership
• C) In the sales showroom window
• D) On the dealer's website
Answer: B
Rationale: New Mexico regulations require the license to be posted at
the dealership's primary entrance for public visibility. This ensures
consumers can easily verify that the salesperson and dealership are
properly licensed .
5. To be eligible for a salesperson license in New Mexico, an
applicant must:
• A) Own a manufactured home dealership
• B) Have at least two years of experience in construction
• C) Work under a licensed dealer or broker
• D) Possess a real-estate broker license
Answer: C
Rationale: NMSA 60-14-7 requires all salespersons to be licensed, and a
salesperson's license entitles the holder to be employed by a dealer or
broker . Salespersons must work under a licensed dealer or broker;
ownership of a dealership or unrelated experience is not required .
6. What is the minimum age requirement for a
manufactured housing salesperson license in New Mexico?
, • A) 16 years old
• B) 18 years old
• C) 21 years old
• D) 25 years old
Answer: B
Rationale: Licensing requirements specify that applicants must be at
least 18 years old to qualify for a salesperson license .
7. A salesperson's license is held in the custody of:
• A) The salesperson
• B) The employer
• C) The Manufactured Housing Division
• D) The state licensing board
Answer: B
Rationale: NMAC 14.12.2.13(C)(1) states: "A salesperson's license shall
be in the custody of his employer" . The salesperson receives a wallet
card, but the physical license is retained by the employing dealer or
broker.
8. When a salesperson is discharged or transfers
employment, the employer must return the salesperson's
license to the division within:
• A) 5 days
• B) 10 days
