New Mexico Manufactured Housing Dealer
License Examination Questions And Correct
Answers (Verified Answers) Plus Rationales
2026 Q&A | Instant Download Pdf
1. Which of the following is required before a manufactured home
can be sold in New Mexico?
A. Local zoning approval only
B. State registration only
C. Both state registration and local zoning approval
D. No approval is required
Rationale: In New Mexico, a manufactured home cannot be sold
without complying with both state registration requirements and any
local zoning or placement restrictions.
2. When must a dealer provide a buyer with the “As-Is” disclosure
statement?
A. Before delivery only
B. After delivery only
, C. Before the sale contract is signed
D. Only if requested by the buyer
Rationale: The “As-Is” disclosure must be provided prior to signing the
sale contract to ensure buyers are fully informed of the condition of
the home.
3. What is the maximum allowable time for a dealer to respond to a
buyer complaint under New Mexico law?
A. 10 business days
B. 30 calendar days
C. 60 calendar days
D. 90 business days
Rationale: New Mexico regulations require dealers to respond to
buyer complaints within 30 calendar days to ensure timely resolution.
4. Which license is required to legally sell manufactured homes in
New Mexico?
A. Builder’s license
B. Installer’s license
C. Dealer license
D. Real estate license
Rationale: Only a licensed dealer may legally sell manufactured
homes in New Mexico; installers and builders have separate licenses.
, 5. A retail buyer requests a written warranty. What is the dealer’s
obligation?
A. Provide warranty only if the home is new
B. Provide warranty only if the home is used
C. Provide a written warranty for new homes as required by law
D. Provide warranty only if the manufacturer refuses
Rationale: New Mexico law requires dealers to provide a written
warranty on new manufactured homes. Used homes are typically sold
“as-is.”
6. Which of the following is a prohibited practice for manufactured
home dealers?
A. Advertising homes on social media
B. Offering financing options
C. Misrepresenting the size or condition of a home
D. Providing a written contract
Rationale: Misrepresentation of a home’s size, condition, or features is
illegal under New Mexico law and constitutes deceptive trade
practice.
7. When must a dealer obtain a surety bond?
A. Before selling a home
B. As a condition of obtaining a dealer license
, C. Only if financing is provided
D. After selling the first home
Rationale: Dealers are required to obtain a surety bond as a
prerequisite for licensure to protect consumers from financial loss.
8. How long must a dealer keep sales records for manufactured
homes in New Mexico?
A. 1 year
B. 2 years
C. 3 years
D. 5 years
Rationale: Dealers must maintain records for three years to comply
with state auditing and regulatory requirements.
9. Which entity regulates manufactured home sales in New Mexico?
A. Local city council
B. New Mexico Real Estate Commission
C. New Mexico Regulation and Licensing Department,
Construction Industries Division
D. Department of Transportation
Rationale: The Construction Industries Division under the Regulation
and Licensing Department oversees licensing, enforcement, and
compliance for manufactured housing dealers.
License Examination Questions And Correct
Answers (Verified Answers) Plus Rationales
2026 Q&A | Instant Download Pdf
1. Which of the following is required before a manufactured home
can be sold in New Mexico?
A. Local zoning approval only
B. State registration only
C. Both state registration and local zoning approval
D. No approval is required
Rationale: In New Mexico, a manufactured home cannot be sold
without complying with both state registration requirements and any
local zoning or placement restrictions.
2. When must a dealer provide a buyer with the “As-Is” disclosure
statement?
A. Before delivery only
B. After delivery only
, C. Before the sale contract is signed
D. Only if requested by the buyer
Rationale: The “As-Is” disclosure must be provided prior to signing the
sale contract to ensure buyers are fully informed of the condition of
the home.
3. What is the maximum allowable time for a dealer to respond to a
buyer complaint under New Mexico law?
A. 10 business days
B. 30 calendar days
C. 60 calendar days
D. 90 business days
Rationale: New Mexico regulations require dealers to respond to
buyer complaints within 30 calendar days to ensure timely resolution.
4. Which license is required to legally sell manufactured homes in
New Mexico?
A. Builder’s license
B. Installer’s license
C. Dealer license
D. Real estate license
Rationale: Only a licensed dealer may legally sell manufactured
homes in New Mexico; installers and builders have separate licenses.
, 5. A retail buyer requests a written warranty. What is the dealer’s
obligation?
A. Provide warranty only if the home is new
B. Provide warranty only if the home is used
C. Provide a written warranty for new homes as required by law
D. Provide warranty only if the manufacturer refuses
Rationale: New Mexico law requires dealers to provide a written
warranty on new manufactured homes. Used homes are typically sold
“as-is.”
6. Which of the following is a prohibited practice for manufactured
home dealers?
A. Advertising homes on social media
B. Offering financing options
C. Misrepresenting the size or condition of a home
D. Providing a written contract
Rationale: Misrepresentation of a home’s size, condition, or features is
illegal under New Mexico law and constitutes deceptive trade
practice.
7. When must a dealer obtain a surety bond?
A. Before selling a home
B. As a condition of obtaining a dealer license
, C. Only if financing is provided
D. After selling the first home
Rationale: Dealers are required to obtain a surety bond as a
prerequisite for licensure to protect consumers from financial loss.
8. How long must a dealer keep sales records for manufactured
homes in New Mexico?
A. 1 year
B. 2 years
C. 3 years
D. 5 years
Rationale: Dealers must maintain records for three years to comply
with state auditing and regulatory requirements.
9. Which entity regulates manufactured home sales in New Mexico?
A. Local city council
B. New Mexico Real Estate Commission
C. New Mexico Regulation and Licensing Department,
Construction Industries Division
D. Department of Transportation
Rationale: The Construction Industries Division under the Regulation
and Licensing Department oversees licensing, enforcement, and
compliance for manufactured housing dealers.
