Tn timeshare salesperson - Study guides, Class notes & Summaries

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 ...

TN Timeshare question and answers rated A+ 2023 passedThe judicial body of the real estate industry in the state of Tennessee. - correct answer What is the Tennessee Real Estate Commission? ∙ Nine members: 3 from each grand division of the state. ∙ 7 from the real estate industry ∙ 2 from the general public - correct answer Tennessee Real Estate Commission What are the liability limits of the R.E. Education and Recovery Account - correct answer $15,000/ trans or $30,000 for the dur...

Appurtenant - A homeowner has negotiated with a neighbor to obtain the permanent right to pass over the northern part of the neighbor's land to gain access to the river. He pays the neighbor $9,000 for the right of access and receives a deed. This is an easement A legal easement can be created by any of the following EXCEPT - definition within a deed. A license. - A homeowner is willing to let his neighbor park an RV in his backyard. He does NOT want to make the permission permanent in ...

Tennessee Timeshare Pre-Licensing Study Guide TREC 1 FORM the form by which nearly all business with the commission is conducted after you become licensed. Transfer to new firm fee $25 Change of status to RETIRED status fee $25 Change of status to ACTIVE status fee $25 Change of licensee name fee $10 Change your address fee NO CHARGE Change of firm name fee $10 per form-one form per licensee Change of firm address fee $50 Broker Change fee $25 What is the Tennessee Real Esta...

Acquisition agent Requires a special acquisition agent license which allows the agent to solicit and encourage people to attend special presentations for a timeshare program. This solicitation must be done off-site from the timeshare location; (gathers people for timeshare presentation) Adverse fact Condition recognized by licensees that have a negative impact on a property that must be disclosed; i.e. mold Affiliate broker A licensee that is engaged under a licensed broker to p...

Tennessee Real Estate Commission (TREC)2023 updated correctly answered Affiliate Broker Qualifications - correct answer Must complete sixty (60) hours of education, complete the thirty (30) hour "Course for New Affiliates) prior to licensing being issued. Acquisition Agent - correct answer 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 t...

The judicial body of the real estate industry in the state of Tennessee. What is the Tennessee Real Estate Commission? ∙ Nine members: 3 from each grand division of the state. ∙ 7 from the real estate industry ∙ 2 from the general public Tennessee Real Estate Commission What are the liability limits of the R.E. Education and Recovery Account $15,000/ trans or $30,000 for the duration of any licensees career Who has custody and charge of the Seal? The commission E...

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 i...

What is the Tennessee Real Estate Commission? The judicial body of the real estate industry in the state of Tennessee. Tennessee Real Estate Commission ∙ Nine members: 3 from each grand division of the state. ∙ 7 from the real estate industry ∙ 2 from the general public $15,000/ trans or $30,000 for the duration of any licensees career What are the liability limits of the R.E. Education and Recovery Account The commission Executive Director Who has custody and ch...