Oregon 30-Hour Real Estate Law Practice Test

What is true about a manufactured home purchased from a licensed real estate broker?

1. It includes the owner's personal property

2. The purchase does not include land ownership

3. Julian purchased the land attached to the home as well

4. Home must adhere to specific zoning laws separately

The correct answer is: Julian purchased the land attached to the home as well

When considering the purchase of a manufactured home from a licensed real estate broker, it's important to understand the nature of such transactions. Typically, when a manufactured home is sold, it may be treated similarly to personal property rather than real property unless there is a specific agreement stating otherwise. In this context, when a manufactured home is sold with the attached land, it indicates a more comprehensive purchase that includes both the home and the land it resides on, transitioning the manufactured home into real estate. The fact that Julian purchased the land attached to the home suggests that this transaction is comprehensive, which aligns with practices in real estate transactions where the home and the land are treated as a single unit. This is particularly relevant because the ownership of the land is often vital for establishing permanent residency rather than just temporary placement of the manufactured home. Therefore, the implication is that purchasing both the home and the land represents a more stable investment and can provide additional rights and benefits to the buyer. In contrast, while the other choices reflect common considerations in transactions involving manufactured homes, they do not hold true in this scenario. For example, if the purchase did not include land ownership, it would imply that the buyer has only acquired the manufactured home without the rights or obligations tied to the land,