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Tennessee Timeshare Test 2023/ 64 Questions and Answers/ Graded A+ $8.39   Add to cart

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Tennessee Timeshare Test 2023/ 64 Questions and Answers/ Graded A+

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Tennessee Timeshare Test 2023/ 64 Questions and Answers/ Graded A+

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  • July 20, 2023
  • 4
  • 2022/2023
  • Exam (elaborations)
  • Questions & answers
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Tennessee Timeshare Test 2023/ 64
Questions and Answers/ Graded A+
acquisition agent - -people who solicit others to attend a presentation

-license expire - -2 years from the issued date

-powers of the commission - -can fine you, suspend your license, or refer you to court

-reinstatement for expired license - -retake the test

-escrow account - -deposit for purchase into a bank account

-developer - -person/entity in the business of creating or selling any timeshare
program

-the project - -the development

-exchange agent - -RCl

-timeshare - -anything unless it is prohibited by other documents

-rental or whole ownership - -if the property is not a timeshare it is a

-public offering statement presentation - -first thing in the closing, must contain the
rescission statement in it

-rescission/cancellation period in TN - -10 or 15 days

-discrimination complaint - -180 days to submit a

-broker license - -you must spend three years as an affiliate broker before you can
apply for a

-errors and omission insurance - -all agents must have this to protect them against
inadequate or negative actions

-license - -you can apply for up to 6 months for your

-I am - -who is responsible for renewing your license

-property value - -what doesn't have to be in the truth and lending statement/public
offering statement

-misleading - -in advertising, any statement, action, or liam which is untrue

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