Manufactured Housing Practice Test

Under what circumstances may a dealer engage with licensed brokers for selling manufactured/mobile homes?

1. Only for the sale of new units

2. For units that are titled

3. For trade-ins that have not been served

4. For all units under their promotion

The correct answer is: For units that are titled

A dealer may engage with licensed brokers specifically for the sale of units that are titled because this aligns with the legal frameworks and regulations governing the sale of manufactured and mobile homes. Titled units refer to homes that have been officially registered and have a title, similar to how automobiles are titled. This means that they have met certain legal requirements, making them ready for sale through licensed brokers. Engaging with brokers involves ensuring that all transactions are conducted legally and within the bounds of the state’s regulations on real estate and manufactured housing. Since titled units have clear ownership documentation, it provides a foundation for brokers to operate effectively in selling these homes, thus protecting the interests of both the buyer and seller. The other options do not encompass the same level of regulatory compliance or clarity regarding ownership and sales processes. For instance, selling new units or trade-ins that have not been served may not offer the same assurance regarding the legalities of the transactions as selling titled units does. Therefore, the focus on titled units promotes adherence to the necessary legal standards for engaging in sales through brokers.