New Mexico Manufactured Homes Salesperson Practice Exam | Questions with 100% Correct Answers | Verified | Latest Update 2024

All of the following are required to be given to the customer at close except: a. Copy of purchase agreement b. Sales contract c. Credit Report d. All of the above - C. Credit report, due to company/national credit safety protection we are not allowed to offer any credit information at any time. All conditions of a sales contract signed by a dealer or broker and homeowner must be completed within how many days from the date of delivery, unless otherwise signed and agreed to by both parties? - 45 Days A sales person is entitled to be: a. licensed individually b. not employed for more than one dealer or broker at the same time c. not acting as a sales person while license is in suspension d. all of the above - D. All of the above An elderly couple buys a home and the wife have a severe stroke. The home is done and installed onto a permanent foundation. The couple decides that the best thing for them is to live in an apartment for 18 months, which is suggested by their doctor. They want their original sales person to handle the home sale and the salesperson decides to mark the home as new... why is this wrong? - It has a permanent foundation A manufactured housing broker is going to resell a home, but discovers that the home has lien on it. Who is responsible to get consent to sale? a. previous owner b. the broker