Timeshare 11 - Study guides, Class notes & Summaries

Pearson Vue Texas RE Study Guide 2024 with 100% Complete Solutions TRELA - Answer- Texas Real Estate License Act - Law that governs real estate licensees and sets the power for TREC TREC - Answer- Texas real estate commission TREC Composition - Answer- Nine Members - 6 brokers - 3 members of the general public Appointed by the governor, with advice and consent of state senate, to staggered six- year terms One broker designated by the governor as chairperson TREC Duties - Answer- 1) Ma...

How many members is Pennsylvania Real Estate Commission a. 11 b. 9 c. 5 d. 7 - Answer-A. 11 Which of the following are required by law to be licensed or registered in PA? 1. brokers 2. Real Estate salesperson 3. Cemetery brokers 4. Cemetery salesperson 5. Campground membership salesperson 6. Timeshare sales person 7. Builder owner sales person - Answer-All 7 Any person in the Commonwealth of Pennsylvania who engages in the selling of real estate without a license or registratio...

When was RELRA originally passed in Pennsylvania? - May of 1929 When was RELRA changed to a different name? - 1980 What is one of the most important thing RELRA does? - grant ruling- making and enforcement authority to the State Real Estate Commission What does the State Real Estate Commission function under? - The Bureau of Professional and Occupational Affairs, which is part of the Pennsylvania Department of State Who amends RELRA? - State Legislature Who creates rules and regul...

FLORIDA CAM LICENSE FINAL EXAM / 400 QUESTIONS AND VERIFIED ANSWERS / 2023/2024 ALL CORRECT / GRADED A+. Florida Cam Exam 2023 1. 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 2. Purchasers of a timeshare plan have a ten day contract rescission period in which to cancel the purchase: True 3. The Florida Fair Housing Act prohibits discriminat...

Louisiana laws rules and regulations Section 1 latest update graded A louisiana License Law created the louisiana Real Estate Commission and allows them to establish rules to regulate and protect the public How many members does the LREC have The LREC consist of 11 members appointed by the Governor ( each appointment by the Governor shall be submitted to the Senate for Confirmation How long will the LREC Commission serve 6 year terms ( terms of Commissions are staggered Members of the La. Com...

The Commission has power to require brokers to maintain and retain records of all real estate transactions in which they were involved for up to ___ years. - 5 Persons who ARE NOT eligible for Recovery fund compensation include: - -The spouse of the judgement debtor or personal rep of each spouse. -A licensed broker or salesperson who acted as a principal or an agent in the transaction which is the subject of the claim. All sales escrow accounts shall include the wording "_____________",...

What do Datums and Benchmarks measure? Elevation Joint Tenancy The joint ownership of property by two or more co-owners in which each co-owner owns an undivided portion of the property. On the death of one of the joint tenants, his or her interest automatically passes to the surviving joint tenants. What is a Preliminary Report? Issued by title insurance companies - gives buyers an overview of title history and any liens/encumbrances - it outlines what insurance companies will...

Pearson Vue Texas RE Study Guide 2024 with 100% Complete Solutions TRELA - Answer- Texas Real Estate License Act - Law that governs real estate licensees and sets the power for TREC TREC - Answer- Texas real estate commission TREC Composition - Answer- Nine Members - 6 brokers - 3 members of the general public Appointed by the governor, with advice and consent of state senate, to staggered six- year terms One broker designated by the governor as chairperson TREC Duties - Answer- 1) Ma...

Pearson Vue Texas Real Estate Review Stu TRELA Texas Real Estate License Act - Law that governs real estate licensees and sets the power for TREC TREC Texas real estate commission TREC Composition Nine Members - 6 brokers - 3 members of the general public Appointed by the governor, with advice and consent of state senate, to staggered six-year terms One broker designated by the governor as chairperson TREC Duties 1) Make and enforce rules and regulations 2) Establish Sta...

Pearson Vue Texas Real Estate Review Stu TRELA Texas Real Estate License Act - Law that governs real estate licensees and sets the power for TREC TREC Texas real estate commission TREC Composition Nine Members - 6 brokers - 3 members of the general public Appointed by the governor, with advice and consent of state senate, to staggered six-year terms One broker designated by the governor as chairperson TREC Duties 1) Make and enforce rules and regulations 2) Establish Sta...