Timeshare test 2 Study guides, Class notes & Summaries

acquisition agent - correct answer people who solicit others to attend a presentation license expire - correct answer 2 years from the issued date powers of the commission - correct answer can fine you, suspend your license, or refer you to court reinstatement for expired license - correct answer retake the test escrow account - correct answer deposit for purchase into a bank account developer - correct answer person/entity in the business of creating or selling any timeshare prog...

The Nevada Revised Statute that deals with the timeshare industry in Nevada is titled: A. 1551 B. 119A C. 119B D. 645 - 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 - 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 - B. A way to freeze vacation costs

What is an acquisition agent? - People who solicit others to attend a presentation When does your license expire? - 2 years from the date of issuance What are the powers of the commission? - The can fine you, suspend your license, or refer you to court. If your license is expired, how can you get reinstated? - Retake the test What is an escrow account? - Deposit for purchase into a bank account Who is the developer and can they be refused a license? - The person or entity which is in the ...

TN Timeshare Exam Practice Test 2024...

TIMESHARE TEST 2 EXAM(ACTUAL EXAM) WITH CORRECT QUESTIONS AND CORRECTLY WELL DEFINED ANSWERS LATEST 2024 ALREADY GRADED A+

What is the Tennessee Real Estate Commission? correct answersJudicial body of real estate industry in TN Following discriminatory practice, you should make a complaint with ____ days. correct answers180 What is a timeshare estate? correct answersOwnership 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? correct answersLicensed and attempts directly to encourage a...

TN Timeshare Exam Practice Test | questions and answers | latest 2024/2025

Timeshare Test #2 The Nevada Revised Statute that deals with the timeshare industry in Nevada is titled: A. 1551 B. 119A C. 119B D. 645 - 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 - 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 - B. A way to freeze vacation costs Fractional ownershi...

Timeshare Test #2 Questions with Complete Solutions 100% Verified 2024/2025 The Nevada Revised Statute that deals with the timeshare industry in Nevada is titled: A. 1551 B. 119A C. 119B D. 645 - Correct 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 - Correct Answer A. A contractual agreement Timeshare is: A. A great investment B. A way to freeze vacation costs C. Easily f...

TN Timeshare Exam Practice Test Questions with Verified Solutions What is the Tennessee Real Estate Commission? Judicial body of real estate industry in TN Following discriminatory practice, you should make a complaint with ____ days. 180 What is a timeshare estate? 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? Licensed and attempts directly to encourage a...