New Mexico Manufactured Homes
Salesperson Practice Exam 2025/2026
Exam Questions and Answers | A+ Score
Assured
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 - 🧠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? -
🧠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 - 🧠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? - 🧠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
Salesperson Practice Exam 2025/2026
Exam Questions and Answers | A+ Score
Assured
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 - 🧠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? -
🧠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 - 🧠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? - 🧠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
