TENNESSEE TIMESHARE LICENSE EXAMS COMPILATION BUNDLE

Timeshares A timeshare property is one in which there is multiple shared ownership or multiple shared use of a piece of real estate. More than a hotel room, timeshares are condominium-style units that typically consist of one to three bedrooms, multiple bathrooms, a full kitchen, and a living room....

What is the purpose of the Tennessee Real Estate Commission? To license and regulate all activities of all brokers, firms, affiliate brokers, timeshare salespersons, acquisitions agents, vacation clubs and vacation lidging services. What department is the real estate commission a part of? T...

Tennessee Real Estate Commission (TREC) Real Estate Education and Recovery Fund The primary purpose of a license law is to protect consumers - you know, the people whom you're serving! That includes buyers, sellers, tenants, and property owners. Why We Need a License Law The T...

Tennessee Real Estate Commission (TREC) the judicial body of real estate industry in the state of Tennessee Following discriminatory practice, you should make a complaint within _____ days. 180 time share estate an estate in real property acquisition agent person who solicit...

Shannon just helped Linda sell her property. When the agency relationship between Shannon and Linda terminates, can Shannon disclose confidential information that Shannon learned while Linda was her client? No, because an agent's duty of confidentiality never ends. As part of her license re...

The main reasons the rental or resale value of any timeshare can vary are due to: Its location, season, size, competition, age, and demand. When bringing an individual into an organization, the human resource staff should determine if the candidate's values are consistent with the organizat...

What is a Commission policy statement? An occasional amplification that becomes part of the rules The License Act Empowers the Real Estate Commission to make whatever rules and regulations are necessary to carry out its duties Rules of the Tennessee Real Estate Commission Licensing ...

In a commercial purchase and sale agreement, the ____________ paragraph describes the buyer's due diligence period. Inspection (The inspections paragraph describes the buyer's obligation to complete all necessary inspections to validate the feasibility of the transaction within a due diligence...

Red Traffic Sign meaning Stop, yield, do not enter or wrong Yellow Traffic Sign meaning General warning Orange Traffic Sign meaning Construction and maintenance warning Octagon sign shape Stop Triangular sign shape yield Round sign shape railroad ahead ...

B In Tennessee, what does having a designated agent help a brokerage to avoid? A. Facilitation B. In-house dual agency C. Single agency D. Transaction brokerage A Someone in Tennessee who's been given the authority to act on behalf of someone else is a(n) ______. A. Agent B. Client ...

What is the Tennessee Real Estate Commission (TREC)? The judicial body of the real estate industry in Tennesee Following Discriminitory practice, you should make a coplaint within _____ days 180 What is time share estate? ownersihp or leashold estate in property devoted to a time ...

If there is a complaint against licensee, they must answer in how many days? 10 days If a customer sees a timeshare and buys it how long do they have to cancel the purchase? 10 days If the customer does not see the time share and buys it how long do they have to cancel the purchase? ...

If there is a complaint against licensee, they must answer in how many days? 10 days If a customer sees a timeshare and buys it how long do they have to cancel the purchase? 10 days If the customer does not see the time share and buys it how long do they have to cancel the purchase? ...

TN Timeshare Salesperson - 1010 exam questions and answers