,New Mexico Manufactured Housing Dealer
License Exam: Practice Questions 2026
1. Who is responsible for issuing manufactured housing
dealer licenses in New Mexico?
• A. New Mexico Real Estate Commission
• B. Manufactured Housing Division of the Regulation and
Licensing Department
• C. New Mexico Attorney General's Office
• D. Motor Vehicle Division
Correct Answer: B. The Manufactured Housing Division (MHD) of
the Regulation and Licensing Department (RLD) is the state
agency responsible for issuing dealer licenses and enforcing the
Manufactured Housing Act.
2. How often must a manufactured housing dealer license be
renewed in New Mexico?
• A. Every six months
• B. Annually
• C. Every two years
• D. Every three years
,Correct Answer: B. Dealer licenses must be renewed annually on
the license anniversary date as required by state regulations.
3. What is the minimum age requirement to obtain a
manufactured housing dealer license?
• A. 16 years old
• B. 18 years old
• C. 21 years old
• D. 25 years old
Correct Answer: B. The minimum age requirement for a dealer
license is 18 years of age.
4. Where must a dealer's license be physically displayed?
• A. At the dealer's home address
• B. At the principal place of business where transactions occur
• C. In the dealer's vehicle
• D. Only on the dealer's website
Correct Answer: B. The license must be posted at the principal
place of business in a location visible to the public.
, 5. Which entity reviews and approves manufactured housing
dealer license applications?
• A. New Mexico State Police
• B. Manufactured Housing Committee
• C. Department of Finance and Administration
• D. New Mexico Tourism Department
Correct Answer: B. The Manufactured Housing Committee (MHC)
is the state body that reviews applications and grants dealer
licenses.
6. What is the primary purpose of licensing manufactured
housing dealers?
• A. To increase state revenue
• B. To protect consumers from fraud and unsafe practices
• C. To limit competition in the housing market
• D. To support home manufacturers exclusively
Correct Answer: B. Licensing ensures dealers meet legal and
ethical standards, protecting buyers from fraud,
misrepresentation, and unsafe business practices.
7. What is the minimum surety bond amount required for a
manufactured housing dealer in New Mexico?
• A. $5,000
License Exam: Practice Questions 2026
1. Who is responsible for issuing manufactured housing
dealer licenses in New Mexico?
• A. New Mexico Real Estate Commission
• B. Manufactured Housing Division of the Regulation and
Licensing Department
• C. New Mexico Attorney General's Office
• D. Motor Vehicle Division
Correct Answer: B. The Manufactured Housing Division (MHD) of
the Regulation and Licensing Department (RLD) is the state
agency responsible for issuing dealer licenses and enforcing the
Manufactured Housing Act.
2. How often must a manufactured housing dealer license be
renewed in New Mexico?
• A. Every six months
• B. Annually
• C. Every two years
• D. Every three years
,Correct Answer: B. Dealer licenses must be renewed annually on
the license anniversary date as required by state regulations.
3. What is the minimum age requirement to obtain a
manufactured housing dealer license?
• A. 16 years old
• B. 18 years old
• C. 21 years old
• D. 25 years old
Correct Answer: B. The minimum age requirement for a dealer
license is 18 years of age.
4. Where must a dealer's license be physically displayed?
• A. At the dealer's home address
• B. At the principal place of business where transactions occur
• C. In the dealer's vehicle
• D. Only on the dealer's website
Correct Answer: B. The license must be posted at the principal
place of business in a location visible to the public.
, 5. Which entity reviews and approves manufactured housing
dealer license applications?
• A. New Mexico State Police
• B. Manufactured Housing Committee
• C. Department of Finance and Administration
• D. New Mexico Tourism Department
Correct Answer: B. The Manufactured Housing Committee (MHC)
is the state body that reviews applications and grants dealer
licenses.
6. What is the primary purpose of licensing manufactured
housing dealers?
• A. To increase state revenue
• B. To protect consumers from fraud and unsafe practices
• C. To limit competition in the housing market
• D. To support home manufacturers exclusively
Correct Answer: B. Licensing ensures dealers meet legal and
ethical standards, protecting buyers from fraud,
misrepresentation, and unsafe business practices.
7. What is the minimum surety bond amount required for a
manufactured housing dealer in New Mexico?
• A. $5,000
