Timeshares Study guides, Class notes & Summaries

Timeshare Test 1 Study Guide Marriott Vacation Club just introduced what kind of ownership? - points Existing Marriott Vacation Club owners will have to convert their ownership into the new program. - FALSE Timeshare sales have increased or decreased in the United States since last year. - Decreased At the end of the semester Dr. Kaufman accepts extra credit papers if you have a poor grade. - FALSE Before the banking issues if you could sign your name and wanted to buy it timesh...

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...

Mississippi State Agency which was created by 73-35-5 to regulate the licensing of real estate brokers and salespersons, which it's duties and authorities are included in the law. - ANSWER Mississippi Real Estate Commission MREC Any leasehold, interest, or estate in land, including timeshares and condominiums, whether corporal or incorporal, freehold or non-freehold, located in MS or elsewhere. Does NOT include: oil, gas, minerals, leases, leaseholds, estates, or interest of any nature. - AN...

A Superior Test NC License Law 01 Questions and Answers What is the first point at which a provisional broker may begin practicing real estate in North Carolina? A:When the NCREC received notification of the provisional brokers activation with a BIC B:Upon successful completion of all coursework and required examinations C:Upon completion of all educational requirements D:Upon formal notification from the NCREC that the candidate has the successfully passed the real estate examination an...

Timeshare Test #1 Exam Questions And Answers An owner who has a leasehold in a timeshare condominium has: A. Whole ownership B. Fee simple ownership C. Interval of time D. Cooperative - ANS 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 - ANS B. Person who sells timeshares on behalf of a developer Until closing, all mo...

TN Real estate-Timeshare Ownership Exam Questions and Answers 100% Pass Timeshares - Correct Answer ️️ -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. Timeshares CONTINUE - Correct Answer ️️ -They're nearly always furnished, and amenities suc...

Superior NC License Law #1 Exam with correct Answers What is the first point at which a provisional broker may begin practicing real estate in North Carolina? -Answer-when the NCREC receives notification of the provisional broker's activation with a BIC an unlicensed assistant may do all of the following activities except -Answer-exhibit homes that are for sale and show the buyer around the home With regard to timeshares, all of the following are true, EXCEPT: -Answer-Timeshares are not ...

Chapter 8 - Gold Coast Real Estate Homework Graded A All of the following estates include legal title to real property, EXCEPT: (a) Tenancy for years (b) Fee simple estate (c) Life estate (d) Tenancy by the entireties ️(a) Tenancy for years Florida timeshare projects are regulated by which organization? (a) Florida Real Estate Commission (b) Department of Community Affairs (c) Division of Florida Condominiums, Timeshares and Mobile Homes (d) Department of Housing and Urban ...

Hawaii Real Estate Exam Questions and Answers Already Passed Hawaii Revised Statutes include specific chapter on all of the following forms of property ownership EXCEPT: A. Timeshares B. Cooperative housing C. Fractional ownership D. Planned communities C. Fractional ownership Client trust funds shall be placed into the brokerage trust account: A. On the day of receipt B. By the next calendar day following receipt C. By the next business day following receipt D. Within three business d...

TN Timeshare Exam Practice Test questions with correct answers What is the Tennessee Real Estate Commission? -Correct Answer-Judicial body of real estate industry in TN Following discriminatory practice, you should make a complaint with ____ days. -Correct Answer-180 What is a timeshare estate? -Correct Answer-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 ...