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Tennessee Timeshare License Tests Compilation Bundle
Tennessee Timeshare License Tests Compilation Bundle
[Show more]Tennessee Timeshare License Tests Compilation Bundle
[Show more]What is an acquisition agent? correct answer: People who solicit others to attend a presentation 
 
When does your license expire? correct answer: 2 years from the date of issuance 
 
What are the powers of the commission? correct answer: The can fine you, suspend your license, or refer you to co...
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Add to cartWhat is an acquisition agent? correct answer: People who solicit others to attend a presentation 
 
When does your license expire? correct answer: 2 years from the date of issuance 
 
What are the powers of the commission? correct answer: The can fine you, suspend your license, or refer you to co...
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, an...
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Add to cartTimeshares 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, an...
timeshare estate correct answer: Pieces of real estate owned by multiple unrelated individuals who occupy the dwelling unit in one- to two-week intervals during the year. 
 
Timeshare use correct answer: Gives the purchaser the right to possess the property at given times for a given duration, but...
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Add to carttimeshare estate correct answer: Pieces of real estate owned by multiple unrelated individuals who occupy the dwelling unit in one- to two-week intervals during the year. 
 
Timeshare use correct answer: Gives the purchaser the right to possess the property at given times for a given duration, but...
How many of the members of the Commission may come from the real estate industry? correct answer: 7 
 
Which rule applies to the appointment of a full-time director of education? correct answer: The person must be a college graduate. 
 
What is the purpose of The Real Estate Act? correct answer: ...
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Add to cartHow many of the members of the Commission may come from the real estate industry? correct answer: 7 
 
Which rule applies to the appointment of a full-time director of education? correct answer: The person must be a college graduate. 
 
What is the purpose of The Real Estate Act? correct answer: ...
Appurtenant correct answer: 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 c...
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Add to cartAppurtenant correct answer: 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 c...
What is the Tennessee Real Estate Commission (TREC)? correct answer: The Judicial Body of the Real Estate industry in Tennessee 
 
Following discriminatory practice, you should make complaint within ________ Days correct answer: 180 
 
What is a time share estate? correct answer: Ownership or lea...
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Add to cartWhat is the Tennessee Real Estate Commission (TREC)? correct answer: The Judicial Body of the Real Estate industry in Tennessee 
 
Following discriminatory practice, you should make complaint within ________ Days correct answer: 180 
 
What is a time share estate? correct answer: Ownership or lea...
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, 200...
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Add to cartHow 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, 200...
timeshare units can be created correct answer: In any unit unless prohibted by local laws 
 
Receipt of public offering statement shall take place no later than: correct answer: Date of sale 
 
To be valid, a public offering letter must be: correct answer: Signed and dated 
 
Disclosure of recess...
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Add to carttimeshare units can be created correct answer: In any unit unless prohibted by local laws 
 
Receipt of public offering statement shall take place no later than: correct answer: Date of sale 
 
To be valid, a public offering letter must be: correct answer: Signed and dated 
 
Disclosure of recess...
1: there are normally three methods of scheduling fractional ownership. Which of the following would be characteristics of floating weeks of fixed rotations? Correct answer: package of weeks that vary from year to year 
 
2: there are normally three methods of scheduling fractional ownership. Which...
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Add to cart1: there are normally three methods of scheduling fractional ownership. Which of the following would be characteristics of floating weeks of fixed rotations? Correct answer: package of weeks that vary from year to year 
 
2: there are normally three methods of scheduling fractional ownership. Which...
Do you have to be a resident of the state to be licensed with TREC? correct answer: Yes 
 
How far ahead can you indicate a price increase? correct answer: No more than 6 months 
 
Can you misstate the value of a gift? correct answer: No 
 
Can you indicate that a prospective tour has won a prize...
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Add to cartDo you have to be a resident of the state to be licensed with TREC? correct answer: Yes 
 
How far ahead can you indicate a price increase? correct answer: No more than 6 months 
 
Can you misstate the value of a gift? correct answer: No 
 
Can you indicate that a prospective tour has won a prize...
Timeshare Units can be created: correct answer: in any unit unless prohibited by local laws 
 
Receipt of Public Offering Statement shall take place no later than: correct answer: date of sale 
 
To be valid, a Public Offering Statement must be: correct answer: signed AND dated 
 
Disclosure of R...
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Add to cartTimeshare Units can be created: correct answer: in any unit unless prohibited by local laws 
 
Receipt of Public Offering Statement shall take place no later than: correct answer: date of sale 
 
To be valid, a Public Offering Statement must be: correct answer: signed AND dated 
 
Disclosure of R...
The 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 Es...
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Add to cartThe 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 Es...
acquisition agent correct answer: people who solicit others to attend a presentation 
 
license expire correct answer: 2 years from the issued date 
 
powers of the commission correct answer: can fine you, suspend your license, or refer you to court 
 
reinstatement for expired license correct an...
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Add to cartacquisition agent correct answer: people who solicit others to attend a presentation 
 
license expire correct answer: 2 years from the issued date 
 
powers of the commission correct answer: can fine you, suspend your license, or refer you to court 
 
reinstatement for expired license correct an...
Timeshare units can be created: correct answer: in any unit unless prohibited by local laws 
 
Receipt of Public Offering Statement shall take place no later than: correct answer: Date of sale 
 
To be valid, a Public Offering Statement must be: correct answer: signed and dated 
 
Disclosure of R...
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Add to cartTimeshare units can be created: correct answer: in any unit unless prohibited by local laws 
 
Receipt of Public Offering Statement shall take place no later than: correct answer: Date of sale 
 
To be valid, a Public Offering Statement must be: correct answer: signed and dated 
 
Disclosure of R...
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 ...
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Add to cartWhat 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 ...
If there is a complaint against licensee, they must answer in how many days? correct answer: 10 days 
 
If a customer sees a timeshare and buys it how long do they have to cancel the purchase? correct answer: 10 days 
 
If the customer does not see the time share and buys it how long do they have ...
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Add to cartIf there is a complaint against licensee, they must answer in how many days? correct answer: 10 days 
 
If a customer sees a timeshare and buys it how long do they have to cancel the purchase? correct answer: 10 days 
 
If the customer does not see the time share and buys it how long do they have ...
If there is a complaint against licensee, they must answer in how many days? correct answer: 10 days 
 
If a customer sees a timeshare and buys it how long do they have to cancel the purchase? correct answer: 10 days 
 
If the customer does not see the time share and buys it how long do they have ...
Preview 2 out of 10 pages
Add to cartIf there is a complaint against licensee, they must answer in how many days? correct answer: 10 days 
 
If a customer sees a timeshare and buys it how long do they have to cancel the purchase? correct answer: 10 days 
 
If the customer does not see the time share and buys it how long do they have ...
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 ...
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Add to cartWhat 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 ...
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