Timeshare salesperson - Study guides, Class notes & Summaries

When a land owner uses his land as security for a loan, the encumbrances created is called ? - Answer : Mortgage lien If an owner wants to list a property for sale "as is" the listing agent should - Answer : Question the seller to any known defects According to the New Jersey real estate timeshare act, if a licensee is selling a timeshare located within the state of New Jersey all of the following are true EXCEPT that the ? - Answer : Licensee must hold a timeshare license Can a New Jer...

TN Timeshare Salesperson - 1010 exam questions and answers

TN Timeshare Exam Practice Test Questions with Verified Solutions What is the Tennessee Real Estate Commission? Judicial body of real estate industry in TN Following discriminatory practice, you should make a complaint with ____ days. 180 What is a timeshare estate? Ownership or leasehold estate in property devoted to a timeshare fee, tenants in common, time span ownership, interval ownership, and a time share lease. What is an acquisitions agent? Licensed and attempts directly to encourage a...

Tennessee Timeshare Practice Exam Questions with Verified Solutions Timeshare units can be created: in any unit unless prohibited by local laws Receipt of Public Offering Statement shall take place no later than: Date of sale To be valid, a Public Offering Statement must be: signed and dated Disclosure of Recession of Rights must appear in bold face print in the: contract and public offering statement Escrow account for timeshare sale shall not be held by: the developer Who is ultimately re...

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...

1. When a land owner uses his land as security for a loan, the encumbrance created is called. ANS C. an involuntary lien 2. If an owner wants to list a property for sale "as is," the listing agent should ANS C. Question the seller to any known defects 3. According to the New Jersey Real Estate Time Share Act, if a licensee is selling a timeshare located within the state of New Jersey, all of the following are true EXCEPT that the ANS A. licensee must hold a timeshare license 4. May a New...

T2. According to TREC rules, when MUST you inform a seller about the market value of their home? A. When the offer is presented B. When the listing is taken C. Upon first face-to-face meeting with the seller D. TREC rules don't require you to inform the seller of the market value. - ANSWERSB. When the listing is taken. A licensee is required to tell the seller the value of their property when they take the listing on the property. The licensee will do a Comparative Market Analysis (CMA) a...

1: THERE ARE NORMALLY THREE METHODS OF SCHEDULING FRACTIONAL OWNERSHIP. WHICH OF THE FOLLOWING WOULD BE CHARACTERISTICS OF FLOATING WEEKS OF FIXED ROTATIONS? PACKAGE OF WEEKS THAT VARY FROM YEAR TO YEAR 2: THERE ARE NORMALLY THREE METHODS OF SCHEDULING FRACTIONAL OWNERSHIP. WHICH OF THE FOLLOWING WOULD BE CHARACTERISTICS OF FIXED WEEK SHARED INTEREST? A. SAME WEEK YEAR AFTER YEAR 2: THERE ARE NORMALLY THREE METHODS OF SCHEDULING FRACTIONAL OWNERSHIP. WHICH OF THE FOLLOWING WOULD ...

When a land owner uses his land as security for a loan, the encumbrance created is called. - C. an involuntary lien If an owner wants to list a property for sale "as is," the listing agent should - C. Question the seller to any known defects According to the New Jersey Real Estate Time Share Act, if a licensee is selling a timeshare located within the state of New Jersey, all of the following are true EXCEPT that the - A. licensee must hold a timeshare license May a New Jersey real estate l...