Tennessee Timeshare License Exam Practice Questions and Answers (100% Pass)
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Institution
Top Papers 2024/2025
Tennessee Timeshare License Exam Practice
Questions and Answers (100% Pass)
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...
WEST VIRGINIA UNIVERSIRTY-WV26506
If the property is not a timeshare, what is it? - ✔️✔️A rental or whole ownership
When do we present the public offering statement? - ✔️✔️The first thing in the closing, it
must contain the rescission statement in it.
What is the rescission/cancellation period in TN? - ✔️✔️10 or 15 days
How long does one have to submit a complaint if they feel they have been discriminated
against? - ✔️✔️180 days
How long do you have to spend as an affiliate broker before you can apply for a broker
license? - ✔️✔️Three Years
What is errors and ommision insurance? Who has to have it? - ✔️✔️All agents must have
insurance to protect them against inadequate or negative actions
How long after passing your test can you apply for your license? - ✔️✔️6 months
Who is responsible to renew your license? - ✔️✔️I am
What does not have to be in the Truth and Lending Statement? - ✔️✔️Property Value
In advertising, what does misleading mean? - ✔️✔️Any statement action or laim which is
untrue
What can you do if a guest does not have their gifts after 72 hours?? - ✔️✔️Give them
the gifts or the cash equivalent
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