Oregon Broker PSI Practice Exam

Can a real estate agent list a property that includes an untitled manufactured home?

1. Yes, if the seller provides proof of ownership

2. No, only the land can be listed

3. Yes, but only with specific state permissions

4. No, unless it is titled

The correct answer is: No, only the land can be listed

In the context of real estate transactions, particularly in Oregon, the status of manufactured homes can be complex. When a manufactured home is untitled, it is treated differently than one that is titled. An untitled manufactured home is often considered personal property rather than real property. In real estate listings, agents can typically list real property, which includes the land and any fixtures attached to it, but not necessarily personal property like an untitled manufactured home unless it is specifically conveyed within the terms of the sale. Without a title, the manufactured home cannot be legally transferred as part of a real estate transaction, which means it should not be included in the listing of the property. This requirement serves to protect both buyers and sellers from potential legal complications arising from the sale of a property that they cannot fully convey ownership of, given that the manufactured home remains classified outside the bounds of real estate until properly titled. Therefore, the correct approach is to understand that only the land can be listed if the manufactured home is untitled, as it does not have the same legal status as part of the real estate transaction.