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Tennessee Timeshare License Exam Questions with 100% Correct Answers | Updated & Verified | 2024
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Tennessee Timeshare License Exam Questions with 100% Correct Answers | Updated & Verified | 2024
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Tennessee Timeshare License ExamQuestions with 100% Correct Answers |
Updated & Verified | 2024
What is the renewal license fee? ✔✔$80
What are the Pre-Requisites of licensing? ✔✔-
Honesty -60 hours of real estate edu -18 y/o
-must apply for license within 6 months of passing exam
-must not be on probation
Who makes up the Tennessee Real Estate Commission? ✔✔9 members
- 3 from each grand division of state
- 7 real estate agents
-2 from general public
What can the Tennessee Real Estate Commission do? ✔✔They can fine you, suspend your license, and
send you to court
They can also come in during any office hours and ask to see your records
Which fees are only $10? ✔✔- change your name
- duplicate license
, - change firm name
Which fees are only $25? ✔✔- transfer to new firm
- retire license
-reactivate license
How much does it cost to change the firms address? ✔✔$50
What is the registration fee for an instate timeshare? ✔✔$100
Who picks the Commissions? ✔✔The Governor for 5 years
What are the Terms of Service for Commissioners? ✔✔- Executive Director (4 years)
- Commissioners of Real Estate Commission (5 years)
- Commissioner of TN Human Rights (6 years)
What is a Timeshare Estate? ✔✔An estate in real property - character of real estate is fee simple
What is a purchaser? ✔✔Anyone who buys a timeshare
What is a sales agent? ✔✔The person who sells timeshares
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