Housing and Community Development (HCD) Practice Exam

What is required for new manufactured homes regarding the warranty?

1. A warranty is only needed if sold "as is - where is"

2. All new manufactured homes must have a written warranty

3. Used manufactured homes must have a warranty

4. New manufactured homes require a warranty only if bought within a year

The correct answer is: All new manufactured homes must have a written warranty

For new manufactured homes, a written warranty is a critical requirement. This reflects the importance of consumer protection in the housing market, ensuring that buyers have recourse in the event of defects or failures in the home. A written warranty provides assurance regarding the quality and durability of the manufactured home, outlining the obligations of the manufacturer or dealer in repairs and replacement due to defects. Having a warranty helps safeguard the interests of the homeowner, particularly as manufactured homes can sometimes face issues related to construction quality, materials, or installations. By mandating a warranty on new manufactured homes, regulations support transparency and accountability within the industry, giving buyers the necessary confidence in their investment. In contrast, the other options either misrepresent the requirements surrounding warranties for manufactured homes or incorrectly imply that a warranty is optional under certain conditions. Thus, the necessity of a written warranty for all new manufactured homes stands to uphold industry standards and consumer rights effectively.