MANUFACTURED HOUSING 2026
COMPREHENSIVE EXAM SCRIPT FULL
QUESTIONS AND CORRECT ANSWERS
◉An escrow account shall be opened when the contract of sale,
purchase order, or other document evidencing the sale of a
manufactured/mobile home is signed by:
A. dealers, upon receipt of cash only toward the purchase of new or
used units
B. dealers of new or used units upon mutual endorsement of
purchase documents, receipts for deposit for any cash or cash
equivalent received at any time prior to close of escrow
C. resale dealers, upon the receipt of cash for the purchase of a resale
unit
D. new dealer upon receipt of cash for the purchase of a new unit
prior to delivery. Answer: B. Dealers of new or used units upon
mutual endorsement of purchase documents, receipts for deposit for
any cash or cash equivalent received at any time prior to close of
escrow
,◉Any cash or cash equivalent received toward the purchase of a
manufactured/mobile home is required to be deposited into escrow
when received for:
A. down payments for the purchase of the unit
B. deposits toward the purchase of the unit
C. payments for accessories included in the purchase of a unit
D. All the above. Answer: D. All the above
◉After installation of a manufactured/mobile home in a mobile
home park which of the following is required to initiate
disbursement of funds from escrow:
A. written confirmation the unit has been installed and acceptance
signed by park management
B. a written confirmation signed by the dealer that the unit has been
delivered to the purchaser who is free to occupy
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
◉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
◉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
◉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
◉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
COMPREHENSIVE EXAM SCRIPT FULL
QUESTIONS AND CORRECT ANSWERS
◉An escrow account shall be opened when the contract of sale,
purchase order, or other document evidencing the sale of a
manufactured/mobile home is signed by:
A. dealers, upon receipt of cash only toward the purchase of new or
used units
B. dealers of new or used units upon mutual endorsement of
purchase documents, receipts for deposit for any cash or cash
equivalent received at any time prior to close of escrow
C. resale dealers, upon the receipt of cash for the purchase of a resale
unit
D. new dealer upon receipt of cash for the purchase of a new unit
prior to delivery. Answer: B. Dealers of new or used units upon
mutual endorsement of purchase documents, receipts for deposit for
any cash or cash equivalent received at any time prior to close of
escrow
,◉Any cash or cash equivalent received toward the purchase of a
manufactured/mobile home is required to be deposited into escrow
when received for:
A. down payments for the purchase of the unit
B. deposits toward the purchase of the unit
C. payments for accessories included in the purchase of a unit
D. All the above. Answer: D. All the above
◉After installation of a manufactured/mobile home in a mobile
home park which of the following is required to initiate
disbursement of funds from escrow:
A. written confirmation the unit has been installed and acceptance
signed by park management
B. a written confirmation signed by the dealer that the unit has been
delivered to the purchaser who is free to occupy
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
◉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
◉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
◉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
◉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
