TN Timeshare Study guides, Class notes & Summaries

Timeshare Test #2 Questions and Correct Solutions 2024 The Nevada Revised Statute that deals with the timeshare industry in Nevada is titled: A. 1551 B. 119A C. 119B D. 645 - Answer -B. 119A Timeshare right to use is considered: A. A contractual agreement B. Deed and title C. An open arrangement D. None of the above - Answer -A. A contractual agreement Timeshare is: A. A great investment B. A way to freeze vacation costs C. Easily financed D. A good tax deduction - Answer -B. A w...

TN Timeshare Exam Practice Test Questions and Correct Solutions 2024 What is the Tennessee Real Estate Commission? - Answer -Judicial body of real estate industry in TN Following discriminatory practice, you should make a complaint with ____ days. - Answer -180 What is a timeshare estate? - Answer -Ownership or leasehold estate in property devoted to a timeshare fee, tenants in common, time span ownership, interval ownership, and a time share lease. What is an acquisitions agent? - Answer ...

Tennessee Timeshare License Exam Questions and Correct Solutions 2024 What is an acquisition agent? - Answer -People who solicit others to attend a presentation When does your license expire? - Answer -2 years from the date of issuance What are the powers of the commission? - Answer -The can fine you, suspend your license, or refer you to court. If your license is expired, how can you get reinstated? - Answer -Retake the test What is an escrow account? - Answer -Deposit for purchase into ...

Timeshare Test 1 Study Guide Correctly Answered 2024 Marriott Vacation Club just introduced what kind of ownership? - Answer -points Existing Marriott Vacation Club owners will have to convert their ownership into the new program. - Answer -FALSE Timeshare sales have increased or decreased in the United States since last year. - Answer -Decreased At the end of the semester Dr. Kaufman accepts extra credit papers if you have a poor grade. - Answer - FALSE Before the banking issues if you ...

Timeshare Test #1 Correctly Solved 2024 An owner who has a leasehold in a timeshare condominium has: A. Whole ownership B. Fee simple ownership C. Interval of time D. Cooperative - Answer -C. Interval of time A timeshare agent is a person who is A. Project Broker B. Person who sells timeshares on behalf of a developer C. Person who induces others to attend a timeshare presentation - Answer -B. Person who sells timeshares on behalf of a developer Until closing, all monies, negotiable i...

Timeshare License Exam Questions and Correct Solutions 2024 How long is a TSA license valid for? - Answer -2 years If a timeshare AGENT initially becomes licensed on June 6, 2000, when will the license expire? - Answer - June 30, 2002 (end of the month - 2 years later) If a timeshare REPRESENTATIVE initially becomes licensed on June 6, 2009, when will the license expire? - Answer -June 30, 2010 (end of the month - 1 year later) An applicant for an original timeshare license MUST provide: ...

TN Timeshare Exam Practice Test 2024...

TN -Test Exam Questions With 100% Answers To help avoid practicing law without a license, licensees should - Answer -only use standardized forms. When a party fails to perform or interferes with the other party's ability to perform, the following are all legal remedies EXCEPT - Answer -feasibility. The Tennessee Attorney General's Office may file a _____________ against anyone who engages in the Unauthorized Practice of Law. - Answer -civil action The Tennessee Statute of Frauds re...

TN Timeshare Exam Practice Test questions with correct answers What is the Tennessee Real Estate Commission? -Correct Answer-Judicial body of real estate industry in TN Following discriminatory practice, you should make a complaint with ____ days. -Correct Answer-180 What is a timeshare estate? -Correct Answer-Ownership or leasehold estate in property devoted to a timeshare fee, tenants in common, time span ownership, interval ownership, and a time share lease. What is an acquisitions ...

TN timeshare study guide Practice Questions with Correct Answers Latest Update If there is a complaint against licensee, they must answer in how many days? 10 days If a customer sees a timeshare and buys it how long do they have to cancel the purchase? 10 days If the customer does not see the time share and buys it how long do they have to cancel the purchase? 15 days If customer cancels purchase how long does the developer have to refund all the monies? 30 days If a public offeri...