NORTH CAROLINA MANUFACTURED HOME
SALESPERSON EXAM | ULTIMATE QUESTION
BANK WITH VERIFIED CORRECT ANSWERS |
GUARANTEED SUCCESS
1. Under North Carolina General Statutes (NCGS)
§143B-464, a person must be licensed as a
manufactured home salesperson by the North
Carolina Department of Insurance (NCDOI) if they:
A) Sell only land-home packages
B) Sell only new manufactured homes
C) Sell, lease, or offer to sell manufactured homes to
the public
D) Sell only used manufactured homes
Correct answer: C
Rationale: Any person engaged in selling, leasing, or
offering manufactured homes to the public must be
licensed.
2. Under NCGS §143B-466, the minimum age for a
licensed manufactured home salesperson is:
A) 16 years
,B) 18 years
C) 21 years
D) 25 years
Correct answer: B
Rationale: The minimum age for a salesperson
license is 18 years.
3. A manufactured home salesperson in North
Carolina is showing a “used” manufactured home.
Under the North Carolina Manufactured Home Act, a
“used” manufactured home is defined as:
A) A home previously owned and occupied
B) A home that has been on the lot for 6 months
C) A home with visible damage
D) A home without a warranty
Correct answer: A
Rationale: A “used” manufactured home is one that
has been previously owned and occupied.
4. Under N.C. Administrative Code (21 NCAC 58A
.0105), a salesperson must complete how many hours
,of pre-licensing education before taking the licensing
exam?
A) 12 hours
B) 24 hours
C) 30 hours
D) 40 hours
Correct answer: C
Rationale: Pre-licensing education is 30 hours
(includes manufactured home specific content).
5. A North Carolina manufactured home salesperson
is negotiating a sale with a buyer who wants to place
the home on private land. Under NCGS §143B-472,
the salesperson must inform the buyer that the home
must be installed by a licensed installer in
accordance with:
A) The manufacturer’s instructions only
B) The North Carolina State Building Code
(Residential Code for Manufactured Homes)
C) The buyer’s preference
D) The salesperson’s recommendations
, Correct answer: B
Rationale: Installation must comply with the North
Carolina State Building Code (Chapter 18B).
6. Under NCGS §143B-474, a “Retail Installment Sale”
of a manufactured home is governed by the:
A) Manufactured Home Act only
B) North Carolina Retail Installment Sales Act (NC
RISA)
C) Federal Truth in Lending Act (TILA) only
D) Uniform Commercial Code (UCC)
Correct answer: B
Rationale: Retail installment sales of manufactured
homes are covered by NC RISA (Article 9 of Chapter
25A).
7. A manufactured home salesperson in North
Carolina is advertising a home as “new.” Under
NCGS §143B-478, a “new” manufactured home is
defined as:
A) A home that has never been occupied
B) A home that is less than 1 year old
SALESPERSON EXAM | ULTIMATE QUESTION
BANK WITH VERIFIED CORRECT ANSWERS |
GUARANTEED SUCCESS
1. Under North Carolina General Statutes (NCGS)
§143B-464, a person must be licensed as a
manufactured home salesperson by the North
Carolina Department of Insurance (NCDOI) if they:
A) Sell only land-home packages
B) Sell only new manufactured homes
C) Sell, lease, or offer to sell manufactured homes to
the public
D) Sell only used manufactured homes
Correct answer: C
Rationale: Any person engaged in selling, leasing, or
offering manufactured homes to the public must be
licensed.
2. Under NCGS §143B-466, the minimum age for a
licensed manufactured home salesperson is:
A) 16 years
,B) 18 years
C) 21 years
D) 25 years
Correct answer: B
Rationale: The minimum age for a salesperson
license is 18 years.
3. A manufactured home salesperson in North
Carolina is showing a “used” manufactured home.
Under the North Carolina Manufactured Home Act, a
“used” manufactured home is defined as:
A) A home previously owned and occupied
B) A home that has been on the lot for 6 months
C) A home with visible damage
D) A home without a warranty
Correct answer: A
Rationale: A “used” manufactured home is one that
has been previously owned and occupied.
4. Under N.C. Administrative Code (21 NCAC 58A
.0105), a salesperson must complete how many hours
,of pre-licensing education before taking the licensing
exam?
A) 12 hours
B) 24 hours
C) 30 hours
D) 40 hours
Correct answer: C
Rationale: Pre-licensing education is 30 hours
(includes manufactured home specific content).
5. A North Carolina manufactured home salesperson
is negotiating a sale with a buyer who wants to place
the home on private land. Under NCGS §143B-472,
the salesperson must inform the buyer that the home
must be installed by a licensed installer in
accordance with:
A) The manufacturer’s instructions only
B) The North Carolina State Building Code
(Residential Code for Manufactured Homes)
C) The buyer’s preference
D) The salesperson’s recommendations
, Correct answer: B
Rationale: Installation must comply with the North
Carolina State Building Code (Chapter 18B).
6. Under NCGS §143B-474, a “Retail Installment Sale”
of a manufactured home is governed by the:
A) Manufactured Home Act only
B) North Carolina Retail Installment Sales Act (NC
RISA)
C) Federal Truth in Lending Act (TILA) only
D) Uniform Commercial Code (UCC)
Correct answer: B
Rationale: Retail installment sales of manufactured
homes are covered by NC RISA (Article 9 of Chapter
25A).
7. A manufactured home salesperson in North
Carolina is advertising a home as “new.” Under
NCGS §143B-478, a “new” manufactured home is
defined as:
A) A home that has never been occupied
B) A home that is less than 1 year old
