What does "pre-owned" indicate regarding a manufactured home?

Prepare for the New Mexico Manufactured Homes Salesperson Test. Study with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

The term "pre-owned" in the context of a manufactured home refers to a home that has previously been occupied and is now being offered for resale. This designation indicates that the home has had prior owners and has been lived in, which can affect various factors such as the home’s condition, market value, and potential need for repairs or updates. Understanding this term is crucial for buyers as it sets expectations about the home's history and current state.

In contrast, "never been occupied" would describe a new home, suggesting it has not been lived in at all. The notion of being "new and has no defects" implies a home that is completely brand new, which contradicts the idea of being pre-owned. Lastly, "extensively remodeled" suggests that the home has undergone significant changes or updates, but this does not encompass the broader definition associated with the term pre-owned, which simply signifies prior use rather than condition or alterations made to the home.

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