What penalties may be imposed on a manufactured home dealer for non-compliance with regulations?

Manufactured home dealers are required to comply with various regulations that govern the industry. When a dealer fails to adhere to these regulations, there can be serious consequences to ensure compliance and protect consumers. Among the potential penalties, fines and suspension of the dealer's license are significant measures.

Fines serve as a monetary penalty that can deter future non-compliance, while the suspension of a dealer's license directly impacts their ability to operate legally in the market. This function serves not just as punishment but as a mechanism to maintain standards within the industry, protecting consumers from unscrupulous practices.

The other choices do not accurately represent the range of potential consequences for non-compliance. Warnings may occur but are typically not the only action taken, especially for more severe violations. Civil litigation involves parties suing each other, which does not directly pertain to the regulatory penalties imposed by governing bodies. Lastly, the notion that no penalties exist is incorrect, as compliance is enforced actively to uphold fair practices in the manufactured home industry.