Course:
TN Real Estate
Institution:
TN Real Estate
Tennessee Timeshare License Exam Questions and Answers
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Uploaded on: | May 21, 2025 |
Last updated: | May 21, 2025 |
Number of pages: | 6 |
Written in: | 2025/2026 |
Type: | Exam (elaborations) |
Contains: | Questions & Answers |
Tags: | Tennessee Timeshare License Exam Questions and Answers |
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Tennessee Timeshare License Exam | Q&A Latest 2025/2026 | 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 a bank account Who is the developer and can they be refused a license? - Answer -The person or entity which is in the business of creating or selling any timeshare program What is the project? - Answer -The developement What is an exchange agent? - Answer -RCI What can be a timeshare? - Answer -Anything unless it is prohibited by other documents