New Mexico Manufactured Homes Salesperson Practice Exam

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1 / 20

Who is responsible for repairs on a used manufactured home if a broker's salesperson does not specify in writing on the appropriate form?

The salesperson

The broker

In a real estate transaction involving a used manufactured home, if the broker's salesperson fails to specify in writing who is responsible for repairs, the broker becomes responsible. This is because the broker assumes a supervisory role for the actions of their salespeople. The broker is ultimately accountable for ensuring that all terms of the transaction, including responsibilities for repairs, are clearly communicated and documented.

When there is a lapse in this documentation, the broker must step in and address any oversight, which places the responsibility of repairs with them, as they are the licensed entity overseeing the transaction. Proper practices in real estate transactions revolve around clear communication and written agreements, and the broker's role is pivotal in maintaining these standards.

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The buyer

The manufacturer

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