Timeshare - Study guides, Class notes & Summaries

Florida Real Estate Class Final Exam Verified Question With 100% Correct Answers 2023/2024 A Business Broker Correct Answer Specializes in the sale, purchase or lease of businesses. Is required to have a real estate license and may be licensed as a real estate broker or sales associate Follow-Up is Correct Answer Keeping in contact with the new owner after the closing of the sale A builder constructs a house on an owner's lot according to the owner's plans and specifications. This is ca...

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 Purchasers of a timeshare plan have a ten day contract rescission period in which to cancel the purchase True The Florida Fair Housing Act prohibits discrimination on the basis of handicap True A valid Declaration of Condominium must contain easements for ingress and egress to all unit...

The Nevada Revised Statute that deals with the timeshare industry in Nevada is titled: A. 1551 B. 119A C. 119B D. 645 - 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 - 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 - B. A way to freeze vacation costs

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 answer person/entity in the business of creating or selling any timeshare prog...

Timeshare License Exam 150+ QUESTIONS AND CORRECT ANSWERS 2023 LATEST UPDATE. 1. How long is a TSA license valid for?: 2 years 2. If a timeshare AGENT initially becomes licensed on June 6, 2000, when will the license expire?: June 30, 2002 (end of the month - 2 years later) 3. If a timeshare REPRESENTATIVE initially becomes licensed on June 6, 2009, when will the license expire?: June 30, 2010 (end of the month - 1 year later) 4. An applicant for an original timeshare license MUST prov...

TN TIMESHARE STUDY GUIDE If there is a complaint against licensee, they must answer in how many days? - CORRECT ANSWER 10 days If a customer sees a timeshare and buys it how long do they have to cancel the purchase? - CORRECT ANSWER 10 days If the customer does not see the time share and buys it how long do they have to cancel the purchase? - CORRECT ANSWER ...

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 license? - The person or entity which is in the ...

TN Timeshare

Timeshare License Exam Questions and Answers Already Graded A How long is a TSA license valid for? 2 years If a timeshare AGENT initially becomes licensed on June 6, 2000, when will the license expire? June 30, 2002 (end of the month - 2 years later) If a timeshare REPRESENTATIVE initially becomes licensed on June 6, 2009, when will the license expire? June 30, 2010 (end of the month - 1 year later) An applicant for an original timeshare license MUST provide: An application, certific...