Manufacturing Housing Board test Regulation in South Carolina
Study online at https://quizlet.com/_h4d4pj
1. The Workers Compensation Act: requires all employers, who employ four or more employees, to
provide workers compensation coverage.
2. The Licensing Law passed by the South Carolina Legislature: Created the South
Carolina Manufactured Housing Board and granted it the authority to adopt rules necessary for the administration
of this law.
3. The Manufactured Housing Board is composed of ten members who are
residents of the state. Members are appointed by the governor for four-year
terms. Board membership is as follows:: - a manufactured home retail dealer owner;
- a representative of the fire and casualty insurance industry
- a full-time employee of a fire department
- a manufactured home manufacturer
- a representative of the banking and finance industry
- a registered professional engineer
- a licensed manufactured home contractor, installer, or repairer
- a member from the general public
- a member from the general public who currently resides in a manufactured home
- a manufactured home retail salesmen
4. Who needs to be licensed?: South Carolina law requires that those persons engaged in the business
of selling, as a dealer, manufactured homes, those employed as a salesmen for the dealer, and manufactured home
manufacturers be licensed.
5. Bonding Requirements: - Manufactured Home Manufacturer- $75,000 for each location
- Manufactured Home Retail Dealer - $30,000 for each location
- Manufactured Home Retail Salesman - $15,000
- Manufactured Home Contractor, Installer, or Repairer - $5,000
6. License Issuance and Renewal: Licenses expire on June 30th each even-numbered year following
date of issue. License renewal applications received after June 30th incur a late fee. A renewal received more than six
months after expiration will require the filing of a new application for license.
Fees charged by the board for the licensing and renewal of licensees are $50 for salesperson
7. The board may take disciplinary action by denying a license to an applicant,
restricting a license, increasing the surety bond requirement, and suspending
or revoking a license, if the applicant or license is found guilty of any of
the following: - employing unlicensed retail salesman or contracting with unlicensed contractors, installers, or
1/7
, Manufacturing Housing Board test Regulation in South Carolina
Study online at https://quizlet.com/_h4d4pj
repairers
- knowingly purchasing a home from an unlicensed manufacturer or selling to an unlicensed dealer
- conviction of a felony within the past seven years
8. A licensee who violates a provision in the law or regulation pertaining to
warranty requirements, deposits, or recision of contracts may be subjected to
the following penalties:: - for a first offense, imposition of a fine not more than $500 or suspension or not
more than 30 days or both
- for a second offense, imposition of a fine of not more than $1000 or suspension for not more than 60 days or both
- for a third offense, imposition of a fine of not more than $2000 or suspension for not more than 90 days ,or both
- a fourth offense is brung up to the board for disciplinary action
9. The federal trade commission: enforces the truth in lending act as it applies to retailers, finance
companies, creditors lessors, and all other advertising of consumer credit and consumer leases that are not regulated
by other federal agencies .
10. Land Home Packages: The advertising or selling of manufactured housing, together with real estate,
requires prior licensing from the South Carolina Real Estate Commision
11. Travel Restrictions: The Department of Transportation has developed guidelines covering the movement
of oversized and overweight loads over state highways
12. sales and use tax: there are numerous exemptions and exclusions to the sales tax requirement including
a 35% exemption on the selling price of a manufactured home. After allowing for the exemption and any trade-in, the
sales tax is imposed on the balance up to $6,000 plus 2% of the remaining sales price exceeding $6,000. The 2% may
be waived if certain energy efficiency levels are met in the mobile home.
13. : no tax is levied when additional items are installed to a modular home such as heat pumps, air conditioning
systems, skirting, steps, septic tanks, wells, and driveways.
14. Energy efficiency verification: As mentioned above the 2% sales tax imposed on manufactured
housing purchases exceeding $6,000 can be waived if certain energy efficiency levels are met. The minimum energy
efficiency ratings require storm or double pane windows, of R-11 for walls, R-19 for floors and R-30 for ceilings.
15. Manufactured Housing Board members/ duties: There is created the South Carolina
Manufactured Housing Board. It is composed of ten members who must be residents of South Carolina appointed
by the Governor in accordance with Section 40-1-45 for terms of four years and until their successors are appointed
and qualify. The board shall include a manufactured home retail dealer owner, a representative of the fire and casualty
insurance industry, a full-time employee of a fire department, a representative of the manufactured housing industry
from a list of qualified candidates submitted to the Governor by the Manufactured Housing Institute of South Carolina, a
2/7
Study online at https://quizlet.com/_h4d4pj
1. The Workers Compensation Act: requires all employers, who employ four or more employees, to
provide workers compensation coverage.
2. The Licensing Law passed by the South Carolina Legislature: Created the South
Carolina Manufactured Housing Board and granted it the authority to adopt rules necessary for the administration
of this law.
3. The Manufactured Housing Board is composed of ten members who are
residents of the state. Members are appointed by the governor for four-year
terms. Board membership is as follows:: - a manufactured home retail dealer owner;
- a representative of the fire and casualty insurance industry
- a full-time employee of a fire department
- a manufactured home manufacturer
- a representative of the banking and finance industry
- a registered professional engineer
- a licensed manufactured home contractor, installer, or repairer
- a member from the general public
- a member from the general public who currently resides in a manufactured home
- a manufactured home retail salesmen
4. Who needs to be licensed?: South Carolina law requires that those persons engaged in the business
of selling, as a dealer, manufactured homes, those employed as a salesmen for the dealer, and manufactured home
manufacturers be licensed.
5. Bonding Requirements: - Manufactured Home Manufacturer- $75,000 for each location
- Manufactured Home Retail Dealer - $30,000 for each location
- Manufactured Home Retail Salesman - $15,000
- Manufactured Home Contractor, Installer, or Repairer - $5,000
6. License Issuance and Renewal: Licenses expire on June 30th each even-numbered year following
date of issue. License renewal applications received after June 30th incur a late fee. A renewal received more than six
months after expiration will require the filing of a new application for license.
Fees charged by the board for the licensing and renewal of licensees are $50 for salesperson
7. The board may take disciplinary action by denying a license to an applicant,
restricting a license, increasing the surety bond requirement, and suspending
or revoking a license, if the applicant or license is found guilty of any of
the following: - employing unlicensed retail salesman or contracting with unlicensed contractors, installers, or
1/7
, Manufacturing Housing Board test Regulation in South Carolina
Study online at https://quizlet.com/_h4d4pj
repairers
- knowingly purchasing a home from an unlicensed manufacturer or selling to an unlicensed dealer
- conviction of a felony within the past seven years
8. A licensee who violates a provision in the law or regulation pertaining to
warranty requirements, deposits, or recision of contracts may be subjected to
the following penalties:: - for a first offense, imposition of a fine not more than $500 or suspension or not
more than 30 days or both
- for a second offense, imposition of a fine of not more than $1000 or suspension for not more than 60 days or both
- for a third offense, imposition of a fine of not more than $2000 or suspension for not more than 90 days ,or both
- a fourth offense is brung up to the board for disciplinary action
9. The federal trade commission: enforces the truth in lending act as it applies to retailers, finance
companies, creditors lessors, and all other advertising of consumer credit and consumer leases that are not regulated
by other federal agencies .
10. Land Home Packages: The advertising or selling of manufactured housing, together with real estate,
requires prior licensing from the South Carolina Real Estate Commision
11. Travel Restrictions: The Department of Transportation has developed guidelines covering the movement
of oversized and overweight loads over state highways
12. sales and use tax: there are numerous exemptions and exclusions to the sales tax requirement including
a 35% exemption on the selling price of a manufactured home. After allowing for the exemption and any trade-in, the
sales tax is imposed on the balance up to $6,000 plus 2% of the remaining sales price exceeding $6,000. The 2% may
be waived if certain energy efficiency levels are met in the mobile home.
13. : no tax is levied when additional items are installed to a modular home such as heat pumps, air conditioning
systems, skirting, steps, septic tanks, wells, and driveways.
14. Energy efficiency verification: As mentioned above the 2% sales tax imposed on manufactured
housing purchases exceeding $6,000 can be waived if certain energy efficiency levels are met. The minimum energy
efficiency ratings require storm or double pane windows, of R-11 for walls, R-19 for floors and R-30 for ceilings.
15. Manufactured Housing Board members/ duties: There is created the South Carolina
Manufactured Housing Board. It is composed of ten members who must be residents of South Carolina appointed
by the Governor in accordance with Section 40-1-45 for terms of four years and until their successors are appointed
and qualify. The board shall include a manufactured home retail dealer owner, a representative of the fire and casualty
insurance industry, a full-time employee of a fire department, a representative of the manufactured housing industry
from a list of qualified candidates submitted to the Governor by the Manufactured Housing Institute of South Carolina, a
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