What should a real estate broker do regarding a mobile home advertised for sale located on property with six months remaining on a one-year lease?

Study for the California Real Estate Broker Exam. Utilize flashcards and multiple choice questions, each with hints and explanations. Prepare efficiently and effectively for your licensing exam!

In situations where a mobile home is located on leased property, there are specific considerations regarding the sale of the home that must be taken into account. The correct option emphasizes that the real estate broker should exercise caution and refrain from advertising the mobile home for sale while the lease remains in effect.

This caution is primarily due to the fact that the mobile home is not on owned land but rather on leased land with a limited duration left on the lease. Advertising the mobile home for sale in this context could lead to complications if the lease is not renewed or if the landowner does not permit the sale or relocation of the mobile home once the lease term expires. Such scenarios can create legal liabilities, conflicts with the landowner, and potential financial loss for both the broker and the seller.

In summary, since the mobile home is subject to lease terms, it is prudent for the broker to avoid advertising the sale until the lease situation is clearly resolved, ensuring that all legal and practical aspects are appropriately addressed beforehand.

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