TN Timeshare Practice Exam 2024|100% solved |
Questions and Correct Answers (Verified Answers) | A
Grade
What cannot be paid to any person who does not have a real estate license? - ✔✔Case
rebates, cash gits and cash prizes.
If for any reason a guest has not received their gifts within ____, they may be given the gift or
cash equivalent. - ✔✔72 hours
What are the powers of the real estate commission? - ✔✔They can fine licensees, suspend
the license, refer you to a court of law, their investigator can come by any time during
business hours to see any of your records and they can close a development.
The real estate commission forms the rules in accordance with the ____. - ✔✔Tennessee Code
Annotated
, What are the prerequisites for licensing? - ✔✔Honest, 18 years of age, resident of state, not
criminal, not on probation.
True or false? An applicant who has passed the exam within the last 6 months is not
necessarily qualified for a license. - ✔✔True
What is the renewal fee for the license? - ✔✔80
The original license fee is ____ Plus ___ for education and recovery fee? - ✔✔100, 30
You must renew you license ____ days prior to expiration - ✔✔60
You must make a minimum passing score of _____% on your exam. - ✔✔70
If you terminate your affiliation you have ___ days to notify the commission. - ✔✔10
If your broker tells you to sell only to a particular group and you do as you were instructed,
you are guilty of _____. - ✔✔Discrimination
What are the requirements for a contract and agreement to be made? - ✔✔Offer an
acceptance, valid consideration, competent parties, legal purposes, reality of consent
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Examsplug. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.99. You're not tied to anything after your purchase.
