License for sale of used manufactured and mobile homes in connection with sale of real property.
1. The Division shall adopt regulations for the issuance of limited dealer’s licenses authorizing licensed real estate brokers to sell used manufactured homes and used mobile homes when the sale is in connection with the sale of a fee simple interest in real property and the used manufactured home or used mobile home is situated on the real property sold. The regulations must not be more strict than the regulations in effect which pertain to licenses for other dealers. An applicant for a limited dealer’s license is not required to have sufficient space to display used manufactured homes or used mobile homes at his established place of business.
2. If a licensed real estate broker holds a limited dealer’s license, he and his licensed salesmen may sell used manufactured homes and used mobile homes when the sale is in connection with the sale of a fee simple interest in real property and the used manufactured home or used mobile home is situated on the real property sold.
Last modified: February 25, 2006