Manufactured Housing Practice Test

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What must a licensed dealer notify the department of?

Change of ownership or corporate structure
Sale of a used unit to the DMV
Sale of any commercial coach
Alterations to a unit

The correct answer is: Change of ownership or corporate structure

A licensed dealer is required to notify the department of any changes in ownership or corporate structure because these changes can significantly impact the operations and legal responsibilities of the dealership. Keeping the department informed ensures compliance with licensing laws and helps maintain the integrity of the manufactured housing industry. This requirement is in place to ensure that all licensed dealers are operating under the regulations as they evolve and to provide transparency in the industry. Changes in ownership or corporate structure can also affect customer trust and protect consumer interests by ensuring that all parties involved are properly vetted and qualified to conduct business within the state.