HOUSING AND COMMUNITY DEVELOPMENT -
SALESPERSON'S LICENSE EXAM WITH ALL CORRECT &
VERIFIED ANSWERS (JUST RELEASED)
No manufactured home dealer shall establish an escrow account with a company if: Correct
answer-They have more than 5% ownership with that escrow company.
The California Civil Code requires that a manufactured home warranty includes: Correct answer-
Reprints of all provisions of law relating to a manufactured home warranty.
The California Civil Code requires that the warranty provision be displayed: Correct answer-In each
area where purchase orders and conditional sales contracts are written.
The Health and Safety Code requires a copy of the Warranty document for a new manufactured
home to be given to the retail purchaser: Correct answer-When the retail purchaser signs the
contract of sale.
The California Civil code requires the warranty for a new manufactured home to be: Correct
answer-One year from the date of delivery of the manufactured home to the buyer or his or her
transferee.
True or False: The manufactured home manufacturer and the dealer or contractor shall be jointly and
severally liable for the fulfillment of the terms of the warranty. Correct answer-True
Advertisement of a specific manufactured home for sale must include what certification? Correct
answer-The manufactured home serial number(s) or the number on the Federal label(s)(HUD) or
insignia of approval by the Department.
When can a manufactured home be sold "As is"? Correct answer-If it has been sold previously and
registered but not occupied or used.
When advertising the size of a manufactured home, the measurement: Correct answer-Shall not
include projections beyond the exterior walls.
Manufactured home sale for unit being placed on a foundation system subject to Health and Safety
Code 18551(a) and installed by the buyer requiring a special document to be completed is called:
Correct answer-Declaration of Delivery sale
The term "Regulation Z" relates to: Correct answer-Any rule, regulation, or interpretation
promulgated by the Board of Governors of the Federal Reserve System under the Federal Truth and
Lending Act.
Any lawfully authorized person proposing to move a manufactured home required to be registered:
Correct answer-Obtain written consent from the legal owner and any junior lien holder on forms
approved by the Department
The escrow period may extend: Correct answer-For a period mutually agreed upon in writing or as
extended by mutual consent and notice to the escrow agent.
, Manufactured homes subject to local property taxation but not affixed to a foundation are subject to
registration when, and how often? Correct answer-Subject to Department of Housing and
Community Development registration only at the time of sale, resale or transfer of title.
When reporting the sale of a manufactured home not being installed on a permanent foundation, a
sale must be deemed complete : Correct answer-When all funds other than escrow fees and
amounts for uninstalled or undelivered accessories are dispersed from escrow.
With respect to the sale of a manufactured home to be installed on foundation system to Health and
Safety Code, Section 18551(a), a person licensed by the Department of HCD selling a new or used
manufactured home intended to be installed on a 18551(a) foundation: Correct answer-May not
be involved as a licensee with the subsequent resale of the installed unit after it has received its
certificate of occupancy.
The Department of Housing and Community Development may allow the manufacturer, distributor,
or dealer license to go into inactive status: Correct answer-Six months, or for the remaining term of
the original license, whichever is less.
The buyer of a manufactured home obligates himself or herself to purchase a manufactured home
from a dealer and the dealer knows the buyer intends to obtain 3rd party financing without the
assistance of the dealer and the buyer is unable to obtain such financing within 30 days of signing
the contract: Correct answer-The contract shall be deemed rescinded and all moneys except
escrow fees shall be returned to the purchaser without demand.
The Department of Housing and Community Development may refuse to issue a manufactured home
occupational license to someone if: Correct answer-The applicant was previously a limited partner
in a manufactured home dealership whose license was suspended and the terms of suspension have
not been fulfilled.
Manufactured home purchase documents shall contain: Correct answer-A notice that provides in
part the current address and telephone number of the Department of Housing and Community
Development.
Contemporaneous with or prior to receiving a purchasers deposit for the purchase of a new or used
manufactured home, it is required: Correct answer-That a mutually endorsed receipt for deposit
and purchase document is executed.
Following receipt of cash or cash equivalent given toward the purchase of a manufactured home,
how soon must they be placed in escrow? Correct answer-Within 5 working days of receipt
A part of the information required to be submitted to escrow for the preparation of escrow
instructions for a new or used mobilehome or manufactured home not installed on a permanent
foundation, there should be included: Correct answer-A description of and designation of cash
value of each accessory and any installation thereafter.
If the purchaser is to assume an existing loan on a manufactured home offered for sale by a dealer:
Correct answer-The dealer must obtain a legal document executed by the legal owner consenting to
the assumption by the purchaser.
Manufactured home warranty law requires that the provisions of a new manufactured home
warranty may be exercised by: Correct answer-The purchaser or his/her transferee.
SALESPERSON'S LICENSE EXAM WITH ALL CORRECT &
VERIFIED ANSWERS (JUST RELEASED)
No manufactured home dealer shall establish an escrow account with a company if: Correct
answer-They have more than 5% ownership with that escrow company.
The California Civil Code requires that a manufactured home warranty includes: Correct answer-
Reprints of all provisions of law relating to a manufactured home warranty.
The California Civil Code requires that the warranty provision be displayed: Correct answer-In each
area where purchase orders and conditional sales contracts are written.
The Health and Safety Code requires a copy of the Warranty document for a new manufactured
home to be given to the retail purchaser: Correct answer-When the retail purchaser signs the
contract of sale.
The California Civil code requires the warranty for a new manufactured home to be: Correct
answer-One year from the date of delivery of the manufactured home to the buyer or his or her
transferee.
True or False: The manufactured home manufacturer and the dealer or contractor shall be jointly and
severally liable for the fulfillment of the terms of the warranty. Correct answer-True
Advertisement of a specific manufactured home for sale must include what certification? Correct
answer-The manufactured home serial number(s) or the number on the Federal label(s)(HUD) or
insignia of approval by the Department.
When can a manufactured home be sold "As is"? Correct answer-If it has been sold previously and
registered but not occupied or used.
When advertising the size of a manufactured home, the measurement: Correct answer-Shall not
include projections beyond the exterior walls.
Manufactured home sale for unit being placed on a foundation system subject to Health and Safety
Code 18551(a) and installed by the buyer requiring a special document to be completed is called:
Correct answer-Declaration of Delivery sale
The term "Regulation Z" relates to: Correct answer-Any rule, regulation, or interpretation
promulgated by the Board of Governors of the Federal Reserve System under the Federal Truth and
Lending Act.
Any lawfully authorized person proposing to move a manufactured home required to be registered:
Correct answer-Obtain written consent from the legal owner and any junior lien holder on forms
approved by the Department
The escrow period may extend: Correct answer-For a period mutually agreed upon in writing or as
extended by mutual consent and notice to the escrow agent.
, Manufactured homes subject to local property taxation but not affixed to a foundation are subject to
registration when, and how often? Correct answer-Subject to Department of Housing and
Community Development registration only at the time of sale, resale or transfer of title.
When reporting the sale of a manufactured home not being installed on a permanent foundation, a
sale must be deemed complete : Correct answer-When all funds other than escrow fees and
amounts for uninstalled or undelivered accessories are dispersed from escrow.
With respect to the sale of a manufactured home to be installed on foundation system to Health and
Safety Code, Section 18551(a), a person licensed by the Department of HCD selling a new or used
manufactured home intended to be installed on a 18551(a) foundation: Correct answer-May not
be involved as a licensee with the subsequent resale of the installed unit after it has received its
certificate of occupancy.
The Department of Housing and Community Development may allow the manufacturer, distributor,
or dealer license to go into inactive status: Correct answer-Six months, or for the remaining term of
the original license, whichever is less.
The buyer of a manufactured home obligates himself or herself to purchase a manufactured home
from a dealer and the dealer knows the buyer intends to obtain 3rd party financing without the
assistance of the dealer and the buyer is unable to obtain such financing within 30 days of signing
the contract: Correct answer-The contract shall be deemed rescinded and all moneys except
escrow fees shall be returned to the purchaser without demand.
The Department of Housing and Community Development may refuse to issue a manufactured home
occupational license to someone if: Correct answer-The applicant was previously a limited partner
in a manufactured home dealership whose license was suspended and the terms of suspension have
not been fulfilled.
Manufactured home purchase documents shall contain: Correct answer-A notice that provides in
part the current address and telephone number of the Department of Housing and Community
Development.
Contemporaneous with or prior to receiving a purchasers deposit for the purchase of a new or used
manufactured home, it is required: Correct answer-That a mutually endorsed receipt for deposit
and purchase document is executed.
Following receipt of cash or cash equivalent given toward the purchase of a manufactured home,
how soon must they be placed in escrow? Correct answer-Within 5 working days of receipt
A part of the information required to be submitted to escrow for the preparation of escrow
instructions for a new or used mobilehome or manufactured home not installed on a permanent
foundation, there should be included: Correct answer-A description of and designation of cash
value of each accessory and any installation thereafter.
If the purchaser is to assume an existing loan on a manufactured home offered for sale by a dealer:
Correct answer-The dealer must obtain a legal document executed by the legal owner consenting to
the assumption by the purchaser.
Manufactured home warranty law requires that the provisions of a new manufactured home
warranty may be exercised by: Correct answer-The purchaser or his/her transferee.
