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Timeshare License Exam UPDATED Exam Questions and CORRECT Answers

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Timeshare License Exam UPDATED Exam Questions and CORRECT Answers 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)

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HFT 3273 Principles of Resort Timesharing Final UPDATED Exam Questions and CORRECT Answers

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HFT 3273 Principles of Resort Timesharing Final UPDATED Exam Questions and CORRECT Answers Quiz 3 - CORRECT ANSWER - Quiz 3 1. Rentals are allowed for all ownership types: - CORRECT ANSWER - False Which is a reason for an owner to want to resell their timeshare? - CORRECT ANSWER - A. Lifestyle changes

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Timeshare Exam UPDATED Exam Questions and CORRECT Answers

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Timeshare Exam UPDATED Exam Questions and CORRECT Answers NRS 119a - CORRECT ANSWER - The sale of timeshare interests in the State of Nevada is regulated under the provisions of: NRS 645 - CORRECT ANSWER - The law that regulates real estate in Nevada

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Mississippi Timeshares Part 1 Quiz UPDATED Exam Questions and CORRECT Answers

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Mississippi Timeshares Part 1 Quiz UPDATED Exam Questions and CORRECT Answers * the Real Estate Commission the Secretary of State the Timeshare Association the Office of Timeshare Registrations - CORRECT ANSWER - A developer may not sell, offer, or dispose of a timeshare interest unless all necessary registration requirements are completed and approved by

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Nevada Timeshare Exam UPDATED Exam Questions and CORRECT Answers

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Nevada Timeshare Exam UPDATED Exam Questions and CORRECT Answers According to Nevada law, a time share is - CORRECT ANSWER - A. a vacation home B. the right to use and occupy a unit on a recurrent periodic basis according to an arrangement allocating this right among various owners whether or not there is an additional charge to the owener for occupying the unit C. a vacation condominium D. a security or investment contract

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Nevada Timeshare License Practice UPDATED Exam Questions and CORRECT Answers

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Nevada Timeshare License Practice UPDATED Exam Questions and CORRECT Answers 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 64

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Quiz 4- Timeshare UPDATED Exam Questions and CORRECT Answers

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Quiz 4- Timeshare UPDATED Exam Questions and CORRECT Answers In a right-to-use resort without an association, the developer retains control over property management: - CORRECT ANSWER - Indefinitely. The law that prohibits discrimination in employment decisions concerning hiring, job assignments, benefits, promotions, discharge against applicants, employees, and former employees based on physical or mental disability is the: - CORRECT ANSWER - Americans with Disabilities Act.

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5. Arizona Timeshares UPDATED Exam Questions and CORRECT Answers

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5. Arizona Timeshares UPDATED Exam Questions and CORRECT Answers Timeshare - CORRECT ANSWER - A timeshare property is one in which there is multiple shared ownership or multiple shared use of a piece of real estate. Characteristics of a timeshare - CORRECT ANSWER - 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. They're nearly always furnished, and amenities such a...

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Section 5: Arizona Timeshares UPDATED Exam Questions and CORRECT Answers

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Section 5: Arizona Timeshares UPDATED Exam Questions and CORRECT Answers Timeshare property - CORRECT ANSWER - property in which there is multiple shared ownership or multiple shared use of a piece of real estate. Timeshare Estate (fee simple ownership) - CORRECT ANSWER - pieces of real estate owned by multiple, unrelated individuals who, in addition to their ownership rights, each hold the right to occupy the dwelling unit in one to two week intervals during the year.

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Time Share Terms UPDATED Exam Questions and CORRECT Answers

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Time Share Terms UPDATED Exam Questions and CORRECT Answers Biennial - CORRECT ANSWER - Use of a timeshare week every other year. Owners are often referred to as either "odd" or "even" year owners. Banking or Deposit - CORRECT ANSWER - Depositing a week of timeshare into an exchange system or inventory pool.

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