What can be a timeshare - Study guides, Class notes & Summaries

NH Real Estate Exam Questions and Answers 100% Correct Score The purpose of the NH Real Estate Commission is to - Correct Answer ️️ -License and regulate real estate agents Entry Only Listings (limited service listings) are - Correct Answer ️️ -Considered listings and must comply with listing requirements Look up entry only listings - Correct Answer ️️ - Appointing Agents - Correct Answer ️️ -Appoint real estate licensees to represent clients in real estate offices that p...

A Community Association is generally defined as real or personal property, owned by two or more entities, which share the responsibility for the costs of maintenance and administration True Purchasers of a timeshare plan have a ten day contract rescission period in which to cancel the purchase True The Florida Fair Housing Act prohibits discrimination on the basis of handicap True A valid Declaration of Condominium must contain easements for ingress and egress to all unit...

What is an acquisition agent? - People who solicit others to attend a presentation When does your license expire? - 2 years from the date of issuance What are the powers of the commission? - The can fine you, suspend your license, or refer you to court. If your license is expired, how can you get reinstated? - Retake the test What is an escrow account? - Deposit for purchase into a bank account Who is the developer and can they be refused a license? - The person or entity which is in the ...

Tennessee Timeshare 155 Questions with Complete Solutions 100% Verified 2024/2025 When is a public offering statement not required? - Correct Answer During resale Before a timeshare is a timeshare, it is a what? - Correct Answer Project You can not indicate that a prospective tour has won a what? - Correct Answer Prize Disclosure of everything related to a loan must be a stated in a what? - Correct Answer Truth of lending What makes a contract valid? - Correct Answer An offer and ac...

What can be a timeshare? - correct answer Anything unless prohibited by another document or regulation. What is a project instrument? - correct answer All documents associated with a timeshare. What is the Tennessee Real Estate Commission (TREC)? - correct answer The judicial body of the real estate industry in Tennessee Following discriminatory practices, you should make a complaint within ___ days - correct answer 180 What is a timeshare a estate? - correct answer Ownership or leas...

TN Timeshare Exam Practice Test Questions with Verified Solutions 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 a...

Nevada Timeshare License 170 Practice Questions with Complete Solutions 100% Verified 2024/2025 The sale of timeshare interests in the State of Nevada is regulated under the provisions of: - Correct Answer NRS 119a The law that regulates real estate in Nevada is: - Correct Answer NRS 645 Who appoints the Administrator of the Real Estate Division? - Correct Answer The Director of the Department of Business and Industry Who appoints the Director of the Department of Business and Industry...

When a land owner uses his land as security for a loan, the encumbrances created is called ? - Answer : Mortgage lien If an owner wants to list a property for sale "as is" the listing agent should - Answer : Question the seller to any known defects According to the New Jersey real estate timeshare act, if a licensee is selling a timeshare located within the state of New Jersey all of the following are true EXCEPT that the ? - Answer : Licensee must hold a timeshare license Can a New Jer...

When a land owner uses his land as security for a loan, the encumbrances created is called ? - Answer : Mortgage lien If an owner wants to list a property for sale "as is" the listing agent should - Answer : Question the seller to any known defects According to the New Jersey real estate timeshare act, if a licensee is selling a timeshare located within the state of New Jersey all of the following are true EXCEPT that the ? - Answer : Licensee must hold a timeshare license Can a New Jer...

Timeshare License Exam | 170 Questions with 100% Answers | Updated & Verified Solution. How long is a TSA license valid for? - Correct Answer-2 years If a timeshare AGENT initially becomes licensed on June 6, 2000, when will the license expire? - Correct Answer-June 30, 2002 (end of the month - 2 years later) If a timeshare REPRESENTATIVE initially becomes licensed on June 6, 2009, when will the license expire? - Correct Answer-June 30, 2010 (end of the month - 1 year later) An applicant f...