Timeshare test 3 - Study guides, Class notes & Summaries

FLORIDA LCAM 2024 Test Review with 100% Correct Answers Four Main Types of Associations in Florida *Ans* Condominiums Cooperatives Homeowner's Associations (Mandatory) TimeShares Does the structure, architecture, or look of the building or buildings determine what type of Association it is? *Ans* No What determines the legal type of association that applies to a property? *Ans* The Association's Documents Assessments *Ans* Residential Condominiums are distinguished by these thre...

Which law applies to Land Registration & Ownership (Role of DLD) - ANSWER Law No. 7/2006 Which law applies to Designated Areas (Freehold vs Leasehold for non GCC) - ANSWER Regulation No. 3 of 2006 Which law applies to Regulation of Real Estate Brokers - ANSWER Law No. 85/2006 Which law applies to Establishment of RERA - ANSWER Law No. 16/2007 Which law applies to Escrow Accounts - ANSWER Law No. 8/2007 Which law applies to Tenancy Law - ANSWER Law No. 26/2007 Law No....

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 encourage any ...

Nevada BROKER salesperson/BROKER education - ANSWER-- 90 hours of instruction which includes: 45 hours of law, 45 hours of principles Broker testing - ANSWER-- Pass a NV Testing Center 50 question Nevada State Brokers test with a 75% or better: One hour to complete - Pass a NV Testing Center 80 question Nevada National Brokers test with a 75% or better: Two hours to complete - Cost of Examination: $100 for both tests when taken at the same time, $100 each if Nevada State and National tests ...

Which of the following is not a purpose of the Land Division Act? A. So that the size of the divided parcels of land will not be too large to be served with enough streets, roads, and adequate drainage and sewers. B. So that the price of the sold lots would not inflate beyond the CPI. C. So that when the land is bought and sold, people could accurately and upon the proper surveys, tell the boundaries of their land and be able to use accurate legal description. D. So that the land may be prop...

Nevada Real Estate State Exam Questions and Answers 100% Pass Nevada BROKER salesperson/BROKER education - Answer- - 90 hours of instruction which includes: 45 hours of law, 45 hours of principles Broker testing - Answer- - Pass a NV Testing Center 50 question Nevada State Brokers test with a 75% or better: One hour to complete - Pass a NV Testing Center 80 question Nevada National Brokers test with a 75% or better: Two hours to complete - Cost of Examination: $100 for both tests when ta...

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...

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? The Department of Commerce and Insurance How many members are on the Real Estate Commission? 9 members who are appointed by the governor, residents of the state, and of good moral character. 7 ...

Arkansas Real Estate Broker Exam Questions and Answers Graded A+ Maximum amount due for a filing fee of a time share interval project $1,000 Time share annual renewal fee $500 A timeshare developer found guilty of a timeshare law in fraction can be fined up to imprisoned for how long $5000 and one year Real estate sales person's license expire when December 31 of each year Who is generally responsible for ensuring that the closing is handled in exact accordance with the contract Principal b...