Housing and Community Development (HCD) Practice Exam

For what type of violation can a licensee be assessed a $100.00 penalty?

1. Failure to post the license in plain view

2. Not honoring the warranty for a new manufactured home

3. Requiring buyers to sign waivers of rights

4. All of the above

The correct answer is: Failure to post the license in plain view

The option indicating that a licensee can be assessed a $100.00 penalty for failing to post the license in plain view reflects the regulatory requirement that certain licenses must be displayed transparently at a business location. This requirement is in place to ensure transparency and accountability in housing and community development practices. When a license is not visibly posted, it can mislead consumers regarding the legitimacy and authorized status of the licensee, thus warranting a monetary penalty. On the other hand, not honoring the warranty for a new manufactured home and requiring buyers to sign waivers of rights are more serious infractions that typically involve greater penalties or different regulatory responses, as they can significantly impact consumer protections and rights in housing transactions. These actions might not necessarily result in a straightforward monetary fine like the case of failing to post a license. The critical point here is that the failure to post the license is a specific and direct violation with a stipulated penalty amount, making it the accurate choice for this question.