QUESTIONS AND CORRECT DETAILED ANSWERS | LATEST UPDATE
(2026) | ALREADY GRADED A+
Every license shall expire - CORRECT ANSWER -on the last day of the 24th month following
temporary license issuance
a 90 day certificate - CORRECT ANSWER -may not be renewed
the mobile home recovery fund was created to provide remedy for... - CORRECT ANSWER -
purchasers with losses due to a sellers failure to honor warranties for all willful misrepresentation
or conversion
90 day certificate granted to salesperson provides: - CORRECT ANSWER -the applicant may
neither execute docs contracts or listing agreements or accept cash or cash equivalent
Ads claiming discounts on new homes... - CORRECT ANSWER -Must indicate the difference
between the dealers advertised price for cash and the manufacturers suggested retail price.
A licensee shall not advertise in the newspaper the amt of downpayment or deposit required -
CORRECT ANSWER -in typesize no less than half the typesize in which the deposit or
downpymt is stated
Advertisement must include... - CORRECT ANSWER -the serial number or federal labor
number or insignia of approval
Dealers displaying models which contain features no longer available from manufacturer... -
CORRECT ANSWER -Must inform a buyer whose ordered home will be based on a display
model of the displayed features which no longer are available.
, Unless goods sold by a retailer are sold "as is", all goods must be accompanied by... - CORRECT
ANSWER -an implied warranty of merchantibility
The CA civil code requires the mobilehome home warranty to cover - - CORRECT ANSWER -
Structural, plumbing, heating and electrical - appliances - and all equipment installed and
included by the manufacturer
The CA civil code the home warranty document - - CORRECT ANSWER -Contain the address
and telephone number of where to deliver written notices of defects and contain reprints of all
provisions of law relating to the warranty.
The escrow intructions may provide for: - CORRECT ANSWER -Proration of property taxes
and payment of any delinquent license fees.
If an escrow agent is given written notice of dispute between partie of a mobile home, the agent
must - CORRECT ANSWER -Disburse all funds to the buyer except funds designated as the
deposit and escrow fees.
The escrow instructions must identify fixed amounts of deposit, downpayment and balance due
consistent with - - CORRECT ANSWER -The purchase docs and receipt for deposit.
Escrow is required for all sales except if the buyer takes possession of the home within 5
working days and it is a cash sale, not requiring install - CORRECT ANSWER -FALSE
Manufacturer may be required to affix label to each new home contingent to be displayed for
retail sale which must list: - CORRECT ANSWER -the suggested retail price which may only be
removed by purchaser when installed.
Any person who violated any provision of the Federal Manu Housing Construction and Safety
Standards Act in CA shall be liable for civil penalties but not to exceed: - CORRECT ANSWER
-$1,000 for each violation not to exceed $1M