Manufactured homes - Study guides, Class notes & Summaries

PSYC 101 Final Exam Detailed Questions And Verified Answers With Complete Solution . A useful theory is one that does all of the following EXCEPT: >> ANSWERensures statistical significance in an experiment A woman dressed as a nun stole thousands of dollars in jewelry from several people in their homes. She gained access to their homes by simply knocking at the door and asking to use their phone. That the victims readily allowed this trustworthy-looking woman to enter their homes s...

A person who induces or attempts to induce any other person to buy or exchange an interest in a manufactured/mobile home or receives or expects to receive a commission from either the seller or purchaser is: A. Guilty of a misdemeanor B. Required to possess a valid manufactured/mobile home manufacturer's license C. Required to possess a valid manufactured/mobile home dealer's or salesperson's license D. May have their license suspended or revoked - ANSWER-C. Required to possess a valid ...

Manufactured Housing Actual Exam Questions With Reviewed 100% Correct Detailed Answers Guaranteed Pass!! 1. Authority to sell used mobile homes without license. - ANSWER 489.331 2. Limited lien resale licenses for mobile home parks. - ANSWER NRS NRS 489.336 3. Requirements for salesperson or managing employee license. - ANSWER NRS 489.341 4. Child support statement requirement for license applicants. - ANSWER NRS 489.342 5. Business structures requiring appli...

detached house. - ANSWERA house that is separated from any adjoining structure with at least some open land on all four sides is a patio house. zero-lot house. detached house. second home. All of the above - ANSWERThe advantages of attached housing include All of the above lower per unit development costs. lower per unit land costs. less environmental impact on the site. greater development costs per unit. - ANSWERAdvantages of attached housing include all EXCEPT lower per unit la...

Junior Mortgage ~ Any mortgage recorded after the first mortgage . Deficiency Judegement ~ Money still owed by the borrower if the foreclosure sale does not bring in enough money to pay the debt owed Demand deposits ~ These banking deposits- such as those made to a checking or traditional savings account must be made available upon demand Interim Financing ~ Generally short term, this kind of financing is obtained to finance a construction project and is usually open-ended Cons...

Champions Real Estate Finance graded A+ already passed 2023Loan-to-Value Ratio (LTV) - correct answer The percentage of the lesser of the appraised value or sales price that the lender will lend. ex: If a borrower is approved for an 80% loan, it means that the lender will loan up to 80% of the sales price or appraised value, whichever is lower. Package Mortgage - correct answer Includes both real and personal property ( fixtures and furnishings) Blanket Mortgage - correct answer Covers ...

Manufactured Housing Test Actual Exam Questions With Reviewed 100% Correct Detailed Answers Guaranteed Pass!! 1. In the event of a breach by a dealer of a purchase agreement where the buyer traded in a manufactured/ mobile home toward the purchase of another manufactured/mobile home and the dealer is unable to return the unit used toward the purchase, the dealer must: A. refund to the buy either the value designated in the purchase agreement or the fair market value of the un...

Which of the following is considered a mobile home? a) Factory-built homes constructed before June 15, 1976 b) Homes that are built according to HUD Code c) Homes that are titled as real estate d) Homes with the RED CERTIFICATION LABEL - Answer (a) Factory-built homes constructed before June 15, 1976 How are modular homes constructed? a) In accordance with the HUD Code b) In a factory to state and local building codes c) Fully constructed on-site like any other traditional h...

SC PM Test With Complete Solutions Latest Solutions

A buyer whose manufactured/ mobile home has been repossessed and has been properly notified of the dealer's intent to resell the unit may exercise the right to reclaim the unit up to the 15th day after receiving notice: A. if the contract balance is paid in full B. if collection costs incurred by the dealer are paid in full C. if any delinquent fees are paid in full D. all the above are true and may be required - D. all the above are true and may be required A cause for the department to...