Timeshare test 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

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 #1 Questions and Answers Rated A+ An owner who has a leasehold in a timeshare condominium has: A. Whole ownership B. Fee simple ownership C. Interval of time D. Cooperative C. Interval of time A timeshare agent is a person who is A. Project Broker B. Person who sells timeshares on behalf of a developer C. Person who induces others to attend a timeshare presentation B. Person who sells timeshares on behalf of a developer Until closing, all monies, negotiable instruments or ...

Timeshare Test #1 An owner who has a leasehold in a timeshare condominium has: A. Whole ownership B. Fee simple ownership C. Interval of time D. Cooperative - C. Interval of time A timeshare agent is a person who is A. Project Broker B. Person who sells timeshares on behalf of a developer C. Person who induces others to attend a timeshare presentation - B. Person who sells timeshares on behalf of a developer Until closing, all monies, negotiable instruments or other deposits...

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...

TN Timeshare Exam Practice Test 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 any person to a...

Timeshare Test #3 100% Correctly Solved "Unit" as used in NRS 119A means: a. A lot of any size b. The total timeshare unit c. That portion of a project which is designated for separate use d. A tract of land consisting of 15 acres or more - Correct Answer ️️ -That portion of a project which is designated for separate use A timeshare resort having both whole unit owners and timeshare interest owners is referred to as: a. vacation destination resort b. tenancy in severalty resort ...

Timeshare Test #3 100% Correctly Solved "Unit" as used in NRS 119A means: a. A lot of any size b. The total timeshare unit c. That portion of a project which is designated for separate use d. A tract of land consisting of 15 acres or more - Correct Answer ️️ -That portion of a project which is designated for separate use A timeshare resort having both whole unit owners and timeshare interest owners is referred to as: a. vacation destination resort b. tenancy in severalty resort ...