NEW MEXICO LATEST
MANUFACTURED
HOUSING DEALER
LICENSE EXAMINATION
Section 1: Licensing & Administration
1. The primary purpose of licensing manufactured housing dealers is
to:
A. Increase state revenue
B. Protect consumers
C. Limit competition
D. Support manufacturers
Answer: B
Rationale: Licensing ensures dealers meet legal and ethical standards,
protecting buyers from fraud, unsafe practices, and misrepresentation.
2. Dealer licenses are issued by:
A. HUD
B. Local county office
C. State RLD Manufactured Housing Division
D. Real estate board
Answer: C
Rationale: The state Regulation and Licensing Department oversees
licensing and compliance, while federal agencies set construction
standards.
END OF
PAGE
1
, NEW MEXICO LATEST
MANUFACTURED
HOUSING DEALER
LICENSE EXAMINATION
3. A dealer operating without a license may face:
A. Warning only
B. Criminal and civil penalties
C. No consequences
D. Only a small fine
Answer: B
Rationale: Unlicensed activity is a serious violation that may result in
fines, penalties, and possible criminal charges.
4. A license must be displayed:
A. At home
B. At principal place of business
C. In a vehicle
D. Online only
Answer: B
Rationale: Public display allows consumers and inspectors to verify that
the dealer is legally authorized.
END OF
PAGE
2
, NEW MEXICO LATEST
MANUFACTURED
HOUSING DEALER
LICENSE EXAMINATION
5. Change of business address must be reported:
A. Within 5 days
B. Within 10 days
C. Within a state-required timeframe
D. Never
Answer: C
Rationale: Timely reporting ensures accurate records and regulatory
oversight.
6. License renewal requires:
A. Retaking exam every time
B. Fee and compliance verification
C. Federal approval
D. Manufacturer approval
Answer: B
Rationale: Renewal ensures continued compliance rather than
requalification.
7. A dealer license allows:
A. Selling site-built homes
END OF
PAGE
3
MANUFACTURED
HOUSING DEALER
LICENSE EXAMINATION
Section 1: Licensing & Administration
1. The primary purpose of licensing manufactured housing dealers is
to:
A. Increase state revenue
B. Protect consumers
C. Limit competition
D. Support manufacturers
Answer: B
Rationale: Licensing ensures dealers meet legal and ethical standards,
protecting buyers from fraud, unsafe practices, and misrepresentation.
2. Dealer licenses are issued by:
A. HUD
B. Local county office
C. State RLD Manufactured Housing Division
D. Real estate board
Answer: C
Rationale: The state Regulation and Licensing Department oversees
licensing and compliance, while federal agencies set construction
standards.
END OF
PAGE
1
, NEW MEXICO LATEST
MANUFACTURED
HOUSING DEALER
LICENSE EXAMINATION
3. A dealer operating without a license may face:
A. Warning only
B. Criminal and civil penalties
C. No consequences
D. Only a small fine
Answer: B
Rationale: Unlicensed activity is a serious violation that may result in
fines, penalties, and possible criminal charges.
4. A license must be displayed:
A. At home
B. At principal place of business
C. In a vehicle
D. Online only
Answer: B
Rationale: Public display allows consumers and inspectors to verify that
the dealer is legally authorized.
END OF
PAGE
2
, NEW MEXICO LATEST
MANUFACTURED
HOUSING DEALER
LICENSE EXAMINATION
5. Change of business address must be reported:
A. Within 5 days
B. Within 10 days
C. Within a state-required timeframe
D. Never
Answer: C
Rationale: Timely reporting ensures accurate records and regulatory
oversight.
6. License renewal requires:
A. Retaking exam every time
B. Fee and compliance verification
C. Federal approval
D. Manufacturer approval
Answer: B
Rationale: Renewal ensures continued compliance rather than
requalification.
7. A dealer license allows:
A. Selling site-built homes
END OF
PAGE
3
