What type of home is characterized by a steel chassis, tongue, axles, and wheels?

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Study for the Real Estate Course 3 Exam. Enhance your skills with comprehensive flashcards and multiple-choice questions. Each question comes with hints and explanations. Gear up for your success!

The option indicating a manufactured home is accurate because manufactured homes are built on a steel chassis and are designed to be transported to their location via wheels and axles. This makes them distinct from other types of homes, as they can be moved after construction, allowing for flexibility in location.

Manufactured homes are constructed according to guidelines set by the U.S. Department of Housing and Urban Development (HUD) and must comply with federal regulations, which ensure safety and quality standards. This is in contrast to modular homes, which are built in sections in a factory and then assembled on a foundation, but do not retain a chassis or wheels after being set up. Traditional homes are typically site-built structures that are permanent and do not contain any features that allow for mobility, while mobile homes refer to an older classification of factory-built homes that were often made before the HUD code was established in 1976.

Understanding these distinctions is key, as it highlights how zoning laws, financing, and residential classifications vary among these different housing types.

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