Timeshare salesperson - Study guides, Class notes & Summaries

MD law questions and answers already graded A as a licensed salesperson you are looking for the MLS and buying a property that you wish to buy which of the following is true? answer you may represent yourself, but you must inform the seller that you are a licensee a licensee is required to give an agency disclosure to every purchaser/lessee at first Contact in Maryland, which of the following rights are in effect? dower curtesy Homestead none a quorum of the commission is a majority of the s...

Nevada Real Estate State Questions and Answers Rated A+ Nevada BROKER salesperson/BROKER education - 90 hours of instruction which includes: 45 hours of law, 45 hours of principles Broker testing - 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...

You decide to help negotiate the sales price of a buddy's place even though you don't yet have a license. After the sale he pays you $50 in appreciation of your efforts. Why would this be considered an illegal activity? Bc you can't accept any amount of compensation for negotiating the sales price of a home that isn't your own if you don't have a license. Linda is a real estate licensee in PA. She's selling her condo and will be buying a house. What is she required t...

What is the purpose of license law? Correct Answer To protect the public, safety, and welfare. Can an associate broker have supervisory authority? Correct Answer No Does an executive broker have to be under supervision? Correct Answer Yes To who made an executive broker exercise supervision over? Correct Answer Executive brokers and sales persons To participate in real estate auction, must the auctioneer and ringman both hold a real estate license? Correct Answer Yes Define "prin...

PSI Real Estate State Exam (NJ) Updated C. an involuntary lien - correct answer When a land owner uses his land as security for a loan, the encumbrance created is called. C. Question the seller to any known defects - correct answer If an owner wants to list a property for sale "as is," the listing agent should A. licensee must hold a timeshare license - correct answer According to the New Jersey Real Estate Time Share Act, if a licensee is selling a timeshare located within the state of...

Timeshare - Final Exam Questions And Answers The main reasons the rental or resale value of any timeshare can vary are due to: - ANS Its location, season, size, competition, age, and demand. When bringing an individual into an organization, the human resource staff should determine if the candidate's values are consistent with the organizations. The indoctrination of a new employee into an organization should include: - ANS An in-depth discussion of the organization's purpose, val...

Denial, Suspension, or Revocation of License or Application - -false info in application -failed to follow provisions/rules with timeshare business -convicted of felony -prohibited by court -hasn't complied with board conditions or violates standards of practice Selling/ transferring a time share - -must be registered with the state of Montana -provide a prospective purchaser with a written public offering statement before the prospective purchaser signs an agreement for the purchase of ...

Tennessee Real Estate Broker License Act of 1973 Act signed to create rules for real estate professionals that protect the public, and established the Tennessee Real Estate Commission. Broker One who holds a broker's license and is either a sole proprietor or owns/manages a brokerage, responsible for any affiliated licensees who work under the broker's license. May work independently. Affiliate Broker Engaged under contract by or on behalf of a licensed broker to provide br...

1-Introduction to Real Estate Exam 1 Review |Graded A+| real estate salesperson existence dependent on *Ans* broker broker *Ans* one who is licensed to represent another persona in a real estate transaction with the intent to revive compensation or valuable consideration who/what can be a broker *Ans* person partnership association limited liability partnership corporation what does broker do (5) *Ans* sell list leases exchanges negotiate FOR A FEE salesperson aka *Ans* associa...

The main reasons the rental or resale value of any timeshare can vary are due to: Its location, season, size, competition, age, and demand. When bringing an individual into an organization, the human resource staff should determine if the candidate's values are consistent with the organizations. The indoctrination of a new employee into an organization should include: An in-depth discussion of the organization's purpose, values, and goals. Madsen Marketing Agency worked on a di...