The Administrator shall adopt regulations:
1. Requiring a person who is buying or selling a manufactured home, mobile home, manufactured building or commercial coach pursuant to:
(a) A sale to satisfy a lien; or
(b) A contract for sale or other agreement by which the certificate of title does not pass immediately from the seller to the buyer upon the sale,
Ê to submit to the Administrator such information regarding the sale as the Administrator deems necessary.
2. Establishing requirements for the issuance or transfer of a certificate of title of a mobile home, manufactured home, manufactured building or commercial coach in cases involving:
(a) More than one transferor or transferee;
(b) A transferor or transferee who holds a certificate of title in trust for another person; or
(c) A sale to satisfy a lien.