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TN Timeshare Exam Practice Test Practice Questions and Answers 100% Pass $12.49   Add to cart

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TN Timeshare Exam Practice Test Practice Questions and Answers 100% Pass

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TN Timeshare Exam Practice Test Practice Questions and Answers 100% Pass 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? -...

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  • November 13, 2024
  • 12
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Prep Tests
  • Prep Tests
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EmilyCharlene
TN Timeshare Exam Practice Test Practice
Questions and Answers 100% Pass

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✔✔-Licensed and attempts directly to

encourage any person to attend a sales presentation for a timeshare program


What is a purchaser? - ANSWER✔✔-Anyone who buys timeshare


What is an exchange agent? - ANSWER✔✔-An agent for an exchange program


What is a sales agent? - ANSWER✔✔-Person acting as a seller of any Time Share

contract (only sell under specific time share developer) Anyone who sells timeshare.




Copyright ©EMILYCHARLENE2025. ALL RIGHTS RESERVED
Page 1/12

, What is a person that sells more than 5 timeshares a year that are not their own? -

ANSWER✔✔-Timeshare resale broker


What is a unit?` - ANSWER✔✔-Real property improvements in a project which is

divided into timeshare program.


What is a managing agent? - ANSWER✔✔-Person with management duties and

responsibilities and obligations of a timeshare program


What are timeshare units? (what can be a timeshare) - ANSWER✔✔-Anything can be a

timeshare unit unless expressly prohibited by project instruments or local governing

laws


What should be included in the Public Offering Statement? - ANSWER✔✔-name of

county where property is located


legal description of property


ID of time periods by letter, name and number


ID of timeshare estates and how many units can be a timeshare


Common expenses and voting rights


any restrictions on use occupancy alterations or alienation of timeshare units


ownership interest/maintenance provisions/ replacement




Copyright ©EMILYCHARLENE2025. ALL RIGHTS RESERVED
Page 2/12

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