What information is typically found on a manufactured home title?

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 title of a manufactured home is a crucial document that serves several important functions. It typically includes the vehicle identification number (VIN), which is essential for identifying the specific manufactured home, much like a VIN for a car. This unique identifier ensures that the home can be tracked for registration, insurance, and resale purposes.

Additionally, the title contains the owner's name, which establishes the legal ownership of the home. This information is vital in any property transactions, as it verifies who has the rights to sell or transfer the home.

Moreover, the title also lists any liens on the home. A lien is a legal claim against the property that can arise from unpaid debts, and this information is important for potential buyers or lenders. Knowing if there are existing liens can affect financing options and overall ownership rights.

In contrast, the other options do not represent typical information found on a manufactured home title: the property tax rate is not a part of the title, the cost of the home at the time of purchase is not included, and design specifications are typically found in different documents, such as the purchase agreement or manufacturer’s manual, rather than on the title itself.

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