NEW MEXICO MANUFACTURED HOUSING DEALER
LICENSE ACTUAL EXAM 2026-2027 COMPLETE EXAM
QUESTIONS AND CORRECT DETAILED ANSWERS (100%
CORRECT VERIFIED ANSWERS)/NM MANUFACTURED
HOUSING DEALER PRACTICE EXAM EDITION 2026
ALREADY GRADED |INSTANT DOWNLOAD PDF
1. Which New Mexico agency administers the Manufactured Housing Act and
issues dealer licenses?
A. New Mexico Real Estate Commission
B. New Mexico Regulation and Licensing Department (RLD) – Manufactured
Housing Division (MHD)
C. New Mexico Attorney General's Office
D. New Mexico Department of Finance and Administration
Answer: B. New Mexico Regulation and Licensing Department (RLD) –
Manufactured Housing Division (MHD)
Rationale: The Manufactured Housing Division (MHD) within the Regulation and
Licensing Department is the state authority that administers the Manufactured
,Housing Act, handling licensing, inspections, and enforcement for manufactured
housing dealers .
2. 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. Protect consumers
Rationale: Licensing ensures dealers meet legal and ethical standards, protecting
buyers from fraud, unsafe practices, and misrepresentation. This is the fundamental
goal of the regulatory framework .
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. Criminal and civil penalties
Rationale: Unlicensed activity is a serious violation of the Manufactured Housing
Act that may result in significant fines, penalties, and possible criminal charges .
,4. An application for a license under the Manufactured Housing Act shall be denied
if the applicant has been convicted of:
A. Any misdemeanor
B. A felony enumerated as a disqualifying criminal conviction
C. Any traffic violation
D. A civil infraction
Answer: B. A felony enumerated as a disqualifying criminal conviction
Rationale: Pursuant to Section 28-2-4 NMSA 1978, an application shall be denied
if the applicant has been convicted of a felony enumerated as a disqualifying
criminal conviction .
5. What is a prerequisite for any manufactured housing license in New Mexico?
A. Ownership of a mobile home park
B. Completion of a background check
C. Membership in a national real estate association
D. Prior experience as a construction contractor
Answer: B. Completion of a background check
Rationale: All license applicants must undergo a criminal background check as part
of the qualification process to ensure they meet the standards of good moral
character .
, 6. Failure to renew a dealer license results in:
A. Automatic grace period
B. Immediate invalid status
C. Lifetime ban
D. Verbal warning
Answer: B. Immediate invalid status
Rationale: Once a license expires, the licensee must immediately stop all business
activity. While a 30-day grace period exists for renewal without penalty, the license
itself is invalid upon expiration .
7. If a license is expired for one year following the expiration date, what happens?
A. The license is automatically renewed with a late fee
B. The license is cancelled and the licensee must re-apply, including taking and
passing any required examination
C. The licensee receives a permanent ban
D. The license can be reactivated by paying a reinstatement fee
Answer: B. The license is cancelled and the licensee must re-apply, including
taking and passing any required examination
Rationale: According to 14.12.8.8 NMAC, if a license is expired for one year
following the expiration date, the license shall be cancelled and the licensee must
LICENSE ACTUAL EXAM 2026-2027 COMPLETE EXAM
QUESTIONS AND CORRECT DETAILED ANSWERS (100%
CORRECT VERIFIED ANSWERS)/NM MANUFACTURED
HOUSING DEALER PRACTICE EXAM EDITION 2026
ALREADY GRADED |INSTANT DOWNLOAD PDF
1. Which New Mexico agency administers the Manufactured Housing Act and
issues dealer licenses?
A. New Mexico Real Estate Commission
B. New Mexico Regulation and Licensing Department (RLD) – Manufactured
Housing Division (MHD)
C. New Mexico Attorney General's Office
D. New Mexico Department of Finance and Administration
Answer: B. New Mexico Regulation and Licensing Department (RLD) –
Manufactured Housing Division (MHD)
Rationale: The Manufactured Housing Division (MHD) within the Regulation and
Licensing Department is the state authority that administers the Manufactured
,Housing Act, handling licensing, inspections, and enforcement for manufactured
housing dealers .
2. 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. Protect consumers
Rationale: Licensing ensures dealers meet legal and ethical standards, protecting
buyers from fraud, unsafe practices, and misrepresentation. This is the fundamental
goal of the regulatory framework .
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. Criminal and civil penalties
Rationale: Unlicensed activity is a serious violation of the Manufactured Housing
Act that may result in significant fines, penalties, and possible criminal charges .
,4. An application for a license under the Manufactured Housing Act shall be denied
if the applicant has been convicted of:
A. Any misdemeanor
B. A felony enumerated as a disqualifying criminal conviction
C. Any traffic violation
D. A civil infraction
Answer: B. A felony enumerated as a disqualifying criminal conviction
Rationale: Pursuant to Section 28-2-4 NMSA 1978, an application shall be denied
if the applicant has been convicted of a felony enumerated as a disqualifying
criminal conviction .
5. What is a prerequisite for any manufactured housing license in New Mexico?
A. Ownership of a mobile home park
B. Completion of a background check
C. Membership in a national real estate association
D. Prior experience as a construction contractor
Answer: B. Completion of a background check
Rationale: All license applicants must undergo a criminal background check as part
of the qualification process to ensure they meet the standards of good moral
character .
, 6. Failure to renew a dealer license results in:
A. Automatic grace period
B. Immediate invalid status
C. Lifetime ban
D. Verbal warning
Answer: B. Immediate invalid status
Rationale: Once a license expires, the licensee must immediately stop all business
activity. While a 30-day grace period exists for renewal without penalty, the license
itself is invalid upon expiration .
7. If a license is expired for one year following the expiration date, what happens?
A. The license is automatically renewed with a late fee
B. The license is cancelled and the licensee must re-apply, including taking and
passing any required examination
C. The licensee receives a permanent ban
D. The license can be reactivated by paying a reinstatement fee
Answer: B. The license is cancelled and the licensee must re-apply, including
taking and passing any required examination
Rationale: According to 14.12.8.8 NMAC, if a license is expired for one year
following the expiration date, the license shall be cancelled and the licensee must
