What does NRS 489.331 permit brokers to do?

Prepare for the Nevada Manufactured Housing Licensing Test. Engage with flashcards and multiple choice questions, each with hints and explanations. Ace your exam with confidence!

NRS 489.331 specifically addresses the activities that licensed brokers in Nevada are permitted to engage in concerning manufactured homes. The statute allows brokers to sell used mobile homes, which means that their role includes facilitating the transactions involving these homes in a legal and compliant manner. This is essential for maintaining standards in the housing market and ensuring that buyers are protected through proper licensing and regulation.

The other options focus on activities that are either not specific to brokers under this statute or fall outside the scope of what is permissible. For instance, selling new mobile homes typically involves different licensing or certifications, while providing repair services or offering financial services is generally managed by specialized individuals or companies with specific expertise and licensing for those functions. Thus, the focus of NRS 489.331 on the sale of used mobile homes clearly delineates the responsibilities and allowable activities for licensed brokers in the manufactured housing industry.

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