manufactured home part 1 questions and solutions

manufactured home part 1 questions and
solutions

1. A PERSON WHO INDUCES OR ATTEMPS TO INDUCE ANY OTHER PERSON TO BUY
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OR EXCHANGE AN INTEREST IN A MANUFRACTURED/ MOBILE HOME OR RECEIVES
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OR EXPECTS TO REVEIVE A COMMISSION FROM EITHER THE SELLER OR
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PURCHASER IS: - answers• Required to possess a valid manufactured/ mobile home dealer's
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or salesperson's license
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2. A MANUFFACTURED/MOBILE HOME MAY BE SOLD AS NEW: - answers• If it has never
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been sold to a retail purchaser or registered
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3. ANY PERSON KNOWINGLY VIOLATING THE PROVISIONS OF THE REGULATIONS
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ISSUED PURSANT TO CALIFORNIA HEALTH & SAFETY CODE DIVISION 13, PART 2: -
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answers• Is guilty of a misdemeanor
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4. WILLFUL VIOLATIONS OF THE REGULATIONS ADOPTED BY THE DEPARTMENT
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GOVERNING MOBILE HOME ESCROWS, ADVERTISING, WARRANTY OR
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ALTERATIONS BY A BRASLER OR SALESPERSON MAY: - answers• Results in suspension
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of the license issued by the department.
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• May cause the dealer/salesperson to be found guilty of a misdemeanor.
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5. ANYBODY WHO VIOLATES ANY PROVISON OF THE FEDERAL MANUFACTURED
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HOME CONSTRUCTION AND SAFTEY STANDARDS ACT IN THIS STATE SHALL BE
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LIABLE TO THE STATE FOR A CIVIL PENALTY NOT TO EXCEED: - answers• $1,000,000 for
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each violation.
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6. DEALERS ARE REQUIRED TO EXERCISE REASONABLE SUPERVISON OVER THE
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ACTIVITIES OF: - answers• Salesperson
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• Employee negotiating or promoting the sales of manufactured/mobile homes.
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• General managers who exercise control over the dealer's business.
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7. THE DEPARTMENT INSIGNIA OR FEDERAL LABEL WILL NOT BE REQUIRED ON A
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MANUFACTURED/MOBILE HOME WHEN: - answers• The manufactured/mobile home was
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manufactured prior to September 1, 1958
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8. ANY MANUFACTURED/MOBILE HOME LISTED OR OFFERED FOR SALE IN
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CALIFORNIA IF BUILT AFTER 9/1/58 MUST: - answers• Bear an HCD insignia or HUD label
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9. IN ENFORCING THE LAWS & REGULATIONS GOVERNING THE STORAGE OR SALES
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OF MANUFACTURED/MOBILE HOMES, THE DEPARTMENT MAY: - answers• Inspect the
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dealer's inventory; books and records; books and papers relating to sales
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10. STRUCTURAL, MECHANICAL, PLUMBING, OR ELECTRICAL SYSTEMS
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ALTERATIONS TO A MANUFACTURED/MOBILE HOME BEARING OR REQUIRED TO
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BEAR AN HCD INSIGNIA MUST BE - answers• Approved by the Department of Housing &
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Community Development prior to such alterations
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, 11. IF LOCAL AUTHORITIES REQUIRE ALTERATIONS TO MEET NEW MANUFACTURED/
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MOBILE HOME STANDARDS THE DEALER SHOULD: - answers• Immediately notify the
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Department of Housing & Community Development12.
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12. IF A DEALER ALTERS A MANUFACTURED/MOBILE HOME WHICH TAKES IT OUT OF
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COMPLIANCE WITH THE FEDERAL STANDARDS AND THEN SELL IT, THE DEALER: -
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answers• Has violated the federal regulations; may be fined $1000.00 for each violation, is liable
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to the federal government for Civil Penalties
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13. ALTERATIONS TO THE STRUCTURAL, MECHANICAL, PLUMBING, OR ELECTRICAL
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SYSTEMS OF A MANUFACTURED/MOBILE HOME BEARING A HUD LABEL MUST FIRST
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BE APPROVED BY: - answersHCD
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14. NEW MANUFACTURED/MOBILE HOMES MAY BE ALTERED BY DEALERS: - answers•
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If approved by HCD first
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15. THE MANUFACTURER IS REQUIRED TO AFFIX A LABEL TO EACH MANUFACTURED/
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MOBILE HOME WHICH INCLUDES: - answers• The make, model, serial number, name
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location of dealer where it is being delivered and the suggested retail price
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16. REMOVAL OF THE MANUFACTURER'S LABEL, AS REQUIRED, IS PROHIBITED,
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EXCEPT BY: - answers• The retail purchaser
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17. WHICH OF THE FOLLOWING ARE REQUIRED TO BE DEPOSITED BY THE DEALER
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INTO AN ESCROW ACCOUNT WHICH ARE RECEIVED TOWARD THE PURCHASE OF A
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MANUFACTURED/MOBILE HOME? - answers• Cash, checks, money orders, bank drafts;
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Promissory notes, bills of sale or certificate of ownership; Assignments of proceeds, contracts,
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rights or other negotiable interest
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18. AN ESCROW ACCOUNT SHALL BE OPENED WHEN THE CONTRACT OF SALE,
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PURCHASE ORDER, OR OTHER DOCUMENT EVIDENCING THE SALE OF A MOBILE/
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MANUFACTURED HOME IS SIGNED, BY: - answers• Dealers of new or used units upon
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mutual endorsement of purchase documents, receipts for deposit for any cash or cash
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equivalent received at any time prior to close of escrow
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19. ANY CASH OR CASH EQUIVALENT RECEIVED TOWARD THE PURCHASE OF A
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MANUFACTURED/MOBILE IS REQUIRED TO BEDEPOSITED INTO ESCROW WHEN
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RECEIVED FOR: - answers• Down payment for the purchase of the unit; Deposits toward the
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purchase of the unit; Payment for accessories included in the purchase of the unit
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20. AFTER INSTALLATION OF A MANUFACTURED/MOBILE HOME IN A MOBILEHOME
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PARK WHICH OF FOLLOWING IS REQUIRED TO INITIATE DISBURSEMENT OF FUNDS
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FROM ESCROW: - answers• Written confirmation signed by the dealer that the unit has been
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delivered to the purchaser in accordance with the agreements and the purchaser is free to
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occupy the unit, along with the installation acceptance issue by the agency in authority
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21. FROM THE INFORMATION PROVIDED BY THE DEALER, THE ESCROW AGENT
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SHALL PREPARE ESCROW INSTRUCTIONS WHICH: - answers• Must be signed by both the
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buyer of a new or used unit and the dealer; Must close on the date specified by the dealer and the
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buyer unless amended otherwise; Provides that the escrow agent retains the original with the
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copies going to the buyer and dealer
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22. WHEN AN ESCROW AGENT RECEIVES NOTICE OF A DISPUTE BETWEEN THE
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PARTIES TO AN ESCROW, THE AGENT MUST HOLD ALL FUNDS DESIGNATED AS A
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