Timeshare industry exam 1 - Study guides, Class notes & Summaries

Florida Real Estate Exam Owners that buy income properties as investments and depend on professionals to manage them - ANS Absentee Owners a Value estimated based on resent sales of similar properties in the same neighborhood, not an appraisal - ANS CMA -Comparative Market Analysis... A contractor is employed by an owner of land to build on that land to the owner's specifications - ANS Custom Building When a contractor builds on his own land with the hope of locating...

CHIA Certification Exam with Complete Solution 2023. There are __ chains in the US with 50,000 rooms or more and __ chains in the world with 75,000 rooms or more -Answer- 22; 24 Most people agree that _______ was the first chain. -Answer- Holiday Inn Parent Companies -Answer- Consist of multiple chains; often the parent company will havea variety of different types of chains T/F A parent company may have a range of high-end, middle, and low-end chains; or they may concentrate in one area -...

APPRAISAL EXAM 1 Basic Principles Q&A Correctly Solved 100% When are appraisers needed? *** to set asking/offering prices, settle estates, refinance, divorce, taxes, rental rates, valuation, condemnation & foreclosure Appraiser *** One who is expected to perform valuation services competently & in a manner that is independent, impartial & objective. Attributes of an Appraiser *** competent, independent, impartial, objective, prompt, organized, educated, honest & diligent Appraiser...

CHIA Certification Exam with Complete Solution 2023. Parent Companies -Answer- Consist of multiple chains; often the parent company will havea variety of different types of chains T/F A parent company may have a range of high-end, middle, and low-end chains; or they may concentrate in one area -Answer- True What is the top parent company in the US? -Answer- Hilton Worldwide Corporate hotel -Answer- A chain hotel owned or managed by the chain or the parent company Franchise hotel -Answer- ...

appraisal final exam Appraisal standards require, in a market value assignment, for the appraiser to analyze a current agreement of sale if - ANS required for credible assignment results. Once an appraiser accepts an appraisal assignment the appraiser must - ANS properly identify the problem to be solved in the assignment. An appraisal is a value - ANS opinion Appraisal practice is a valuation service provided by - ANS only those individuals who are ac...

TN Timeshare Exam Practice Test Questions and Answers Rated A+ 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 encoura...

B-1 ASREB Exam prep (gray packet) Solved Correctly!! A subdivider employés hostesses to show houses. The hostesses explain the features of the homes and gave the prices and terms. In this scenario: a. Only the sales broker needs to be licensed b. Hostesses are employees only and need not be licensed c. The hostesses must be licensed d. As long as they do not accept deposits and do not write up sales, the hostesses need not be licensed c. The hostesses must be licensed A timeshare wou...

Texas Principles of Real estate 1 Exam Test Questions with Answers 2024/2025!! Which of the following actions does not violate the Texas Real Estate License Act? - ️️ -Disclosing all known facts pertaining to a property to a client The aspect of real estate business that is concerned with bringing together the parties and completing the transactions is: - ️️ -`Brokerage Which of the following statements regarding a Texas homestead is false? - ️️ - Homestead protection can be w...

B-1 ASREB Exam prep (gray packet) Solved Correctly!! A subdivider employés hostesses to show houses. The hostesses explain the features of the homes and gave the prices and terms. In this scenario: a. Only the sales broker needs to be licensed b. Hostesses are employees only and need not be licensed c. The hostesses must be licensed d. As long as they do not accept deposits and do not write up sales, the hostesses need not be licensed c. The hostesses must be licensed A timeshare wou...

Affiliate Broker Qualifications Must complete sixty (60) hours of education, complete the thirty (30) hour "Course for New Affiliates) prior to licensing being issued. Acquisition Agent requires a special acquisition agent licensure which allows the agent to solicit an encourage people to attend special presentations for a timeshare program. This solicitation must be done off-site from the timeshare location. Adverse Fact Condition recognized by licensees that have a negative...