Timeshare test 2 - Study guides, Class notes & Summaries

Tennessee Timeshare License Exam Practice Questions and Answers 100% Pass What is an acquisition agent? - ANSWER-People who solicit others to attend a presentation When does your license expire? - ANSWER-2 years from the date of issuance What are the powers of the commission? - ANSWER-The can fine you, suspend your license, or refer you to court. If your license is expired, how can you get reinstated? - ANSWER-Retake the test What is an escrow account? - ANSWER-Deposit for purchase into ...

Timeshare Test #2 Questions and Correct Solutions 2024 The Nevada Revised Statute that deals with the timeshare industry in Nevada is titled: A. 1551 B. 119A C. 119B D. 645 - Answer -B. 119A Timeshare right to use is considered: A. A contractual agreement B. Deed and title C. An open arrangement D. None of the above - Answer -A. A contractual agreement Timeshare is: A. A great investment B. A way to freeze vacation costs C. Easily financed D. A good tax deduction - Answer -B. A w...

Timeshare Test #2 Questions and Answers (100% Pass) The Nevada Revised Statue that deals with the timeshare industry in Neveda is titled: - Answer️️ -119A Timeshare right to use is considered: - Answer️️ -A contractual agreement Timeshare is: - Answer️️ -A way to freeze vacation costs Fractional ownership of a timeshare is: - Answer️️ -One month to half a year An arrangement to do not to do certain things is called: - Answer️️ -Contract All are necessary to the creatio...

TN Timeshare Exam Practice Test 2023/ 103 Questions and Answers/ Graded A+

Tennessee Timeshare Test 100% Correct Solved 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 Answer ️️ -retake the test escrow account - Correct Answer ️️ -deposit for purchase into a bank account developer - Correct ...

Tennessee Timeshare License Exam 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 lic...

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...

What must be there for a contract to be valid? - ️️- Offer and acceptance - value consideration - competent parties - legal purpose - reality of consent (not on drugs or undue unfluence) Who is the developer and can they be refused a license? - ️️The person or entity which is in the business of creating or selling any timeshare program In advertising, what does misleading mean? - ️️Any statement action or laim which is untrue What is an acquisition agent? - ️️People who ...

Nevada BROKER salesperson/BROKER education - Answer-- 90 hours of instruction which includes: 45 hours of law, 45 hours of principles Broker testing - Answer-- Pass a NV Testing Center 50 question Nevada State Brokers test with a 75% or better: One hour to complete - Pass a NV Testing Center 80 question Nevada National Brokers test with a 75% or better: Two hours to complete - Cost of Examination: $100 for both tests when taken at the same time, $100 each if Nevada State and National test...