New Mexico Manufactured Homes
Salesperson Practice Exam With Correct
Answers
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 |- |CORRECT |ANSWER✔✔-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? |- |CORRECT |ANSWER✔✔-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 |- |CORRECT |ANSWER✔✔-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? |- |CORRECT |ANSWER✔✔-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
c. |the |seller
d. |the |buyer |- |CORRECT |ANSWER✔✔-The |broker.
The |HUD |plate |must |consist |of |everything |but:
a. |A |5 |digit |serial |number
b. |it |must |be |2"x4"
c. |It |must |be |fastened |permanently |so |if |it |is |removed |it |will |be |damaged |and |not |reusable
d. |It |must |be |made |of |metal |- |CORRECT |ANSWER✔✔-a. |A |5 |digit |serial |number
The |time |amount |for |a |temporary |license |is: |- |CORRECT |ANSWER✔✔-1 |Month
When |your |license |expires |you |have |to |renew |it |... |- |CORRECT |ANSWER✔✔-Within |the |same |
month |it |was |received |a |year |later.
If |a |manufactured |home |is |going |to |be |built, |but |the |manual |is |lost, |it |must |be |built |by:
a. |New |Mexico |manufactured |housing |and |construction |standards
b. |HUD |standards
c. |DAPIA |standards
d. |county |standards |- |CORRECT |ANSWER✔✔-b. |HUD |standards |(national |standard |for |
modular/manufactured |homes)
If |you |obtain |a |temporary |license, |you |can |set |up |anywhere |except... |- |CORRECT |ANSWER✔✔-
Public |schools
Salesperson Practice Exam With Correct
Answers
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 |- |CORRECT |ANSWER✔✔-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? |- |CORRECT |ANSWER✔✔-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 |- |CORRECT |ANSWER✔✔-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? |- |CORRECT |ANSWER✔✔-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
c. |the |seller
d. |the |buyer |- |CORRECT |ANSWER✔✔-The |broker.
The |HUD |plate |must |consist |of |everything |but:
a. |A |5 |digit |serial |number
b. |it |must |be |2"x4"
c. |It |must |be |fastened |permanently |so |if |it |is |removed |it |will |be |damaged |and |not |reusable
d. |It |must |be |made |of |metal |- |CORRECT |ANSWER✔✔-a. |A |5 |digit |serial |number
The |time |amount |for |a |temporary |license |is: |- |CORRECT |ANSWER✔✔-1 |Month
When |your |license |expires |you |have |to |renew |it |... |- |CORRECT |ANSWER✔✔-Within |the |same |
month |it |was |received |a |year |later.
If |a |manufactured |home |is |going |to |be |built, |but |the |manual |is |lost, |it |must |be |built |by:
a. |New |Mexico |manufactured |housing |and |construction |standards
b. |HUD |standards
c. |DAPIA |standards
d. |county |standards |- |CORRECT |ANSWER✔✔-b. |HUD |standards |(national |standard |for |
modular/manufactured |homes)
If |you |obtain |a |temporary |license, |you |can |set |up |anywhere |except... |- |CORRECT |ANSWER✔✔-
Public |schools
