What is the governing statute that allows brokers to sell used mobile homes without a license?

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!

The governing statute that allows brokers to sell used mobile homes without a license is NRS 489.331. This statute outlines specific provisions that clarify the conditions under which individuals or entities may engage in the sale of used mobile homes without requiring a formal license. The intent behind this statute is to provide certain exemptions within the regulated framework of manufactured housing, recognizing that not all transactions necessitate licensing, thereby facilitating a smoother process for eligible brokers.

In contrast, other statutes mentioned in the options pertain to different regulations regarding manufactured and mobile homes, such as licensing requirements or definitions of various terms, which do not specifically address the exemption for used mobile home sales by brokers. This distinction is crucial for understanding which individuals or businesses need to comply with licensing requirements and under what conditions exemptions apply.

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