Nevada Timeshare License Practice Questions with
Complete COMPREHENSIVE PREDICTOR RETAKE EXAM
2026 ACTUAL EXAM COMPLETE QUESTIONS WITH
100% CORRECT DETAILED VERIFIED ANSWERS
(ALREADY GRADED A+)
Nevada law requires a developer who operates an exchange program to
provide the purchaser with the - VERIFIED ANSWER - A. Names of the
officers, directors and shareholders owning at least 5% of the
outstanding stock of the company
B. A statement indicating whether the purchasers' participation in the
program is dependent upon the continued inclusion of the Time Share plan
in the program
C. A statement indicating whether the purchaser's membership or
participation in the program is voluntary or mandatory
D. All of the above
correct answer D
To make sure that any purchaser knows the criteria for arranging,
receiving and depositing Time Share rights, the developer's disclosure
,must - VERIFIED ANSWER - A. Also provide the purchaser with a statement
indicating whether exchanges are arranged on the basis of available
space
B. Guarantee specific requests for exchanges
C. Verify that the purchaser will never lose the right to use and occupy a
unit in a properly applied for exchange
D. Always offer compensation if substitute accommodations are needed
correct answer A
If a time share owner wants to change a floating week of his/her time
share week to another resort for a fixed week, do you - VERIFIED ANSWER
- A. Enroll first in your home resort and then into the exchange program
B. Go directly into the exchange program
C. Contact the Unit-Owners Association
correct answer A
An exchange program enables - VERIFIED ANSWER - A. Owners of Time
Shares the ability to exchange or swap privileges for a fee
B. Project Brokers to be able to change offices
,C. Mangers of the Homeowner's Association to elect officers
D. Owners of Time Shares the ability to exchange or swap privileges
without a fee
correct answer A
The Broker in charge of a Time Share Sales office is called a - VERIFIED
ANSWER - A. Project Broker
B. Time Share Sales Agent Broker
correct answer A
A Project Broker is responsible for managing, educating, and monitoring
salespeople, Time Share Sales Agents, representatives, and employees -
VERIFIED ANSWER - A. True
B. False
correct answer B
, The developer enters in the brokerage agreement with a client - VERIFIED
ANSWER - A. True
B. False
correct answer B
Being behind on child support payments is - VERIFIED ANSWER - A. Bad,
but will not prevent someone from obtain a sales agent license
B. Grounds for denying both a sales agent and broker's license
C. Grounds for denying a broker's license but not a sale agent's license
D. None of the above
correct answer B
Before a Project Broker may accept the position, he must - VERIFIED
ANSWER - A. Make a personal inspection of the project for which he is to
be responsible
B. Be appointed by the developer
C. Hold either a broker, broker-salesperson or salesperson license
D. Both A and B
Complete COMPREHENSIVE PREDICTOR RETAKE EXAM
2026 ACTUAL EXAM COMPLETE QUESTIONS WITH
100% CORRECT DETAILED VERIFIED ANSWERS
(ALREADY GRADED A+)
Nevada law requires a developer who operates an exchange program to
provide the purchaser with the - VERIFIED ANSWER - A. Names of the
officers, directors and shareholders owning at least 5% of the
outstanding stock of the company
B. A statement indicating whether the purchasers' participation in the
program is dependent upon the continued inclusion of the Time Share plan
in the program
C. A statement indicating whether the purchaser's membership or
participation in the program is voluntary or mandatory
D. All of the above
correct answer D
To make sure that any purchaser knows the criteria for arranging,
receiving and depositing Time Share rights, the developer's disclosure
,must - VERIFIED ANSWER - A. Also provide the purchaser with a statement
indicating whether exchanges are arranged on the basis of available
space
B. Guarantee specific requests for exchanges
C. Verify that the purchaser will never lose the right to use and occupy a
unit in a properly applied for exchange
D. Always offer compensation if substitute accommodations are needed
correct answer A
If a time share owner wants to change a floating week of his/her time
share week to another resort for a fixed week, do you - VERIFIED ANSWER
- A. Enroll first in your home resort and then into the exchange program
B. Go directly into the exchange program
C. Contact the Unit-Owners Association
correct answer A
An exchange program enables - VERIFIED ANSWER - A. Owners of Time
Shares the ability to exchange or swap privileges for a fee
B. Project Brokers to be able to change offices
,C. Mangers of the Homeowner's Association to elect officers
D. Owners of Time Shares the ability to exchange or swap privileges
without a fee
correct answer A
The Broker in charge of a Time Share Sales office is called a - VERIFIED
ANSWER - A. Project Broker
B. Time Share Sales Agent Broker
correct answer A
A Project Broker is responsible for managing, educating, and monitoring
salespeople, Time Share Sales Agents, representatives, and employees -
VERIFIED ANSWER - A. True
B. False
correct answer B
, The developer enters in the brokerage agreement with a client - VERIFIED
ANSWER - A. True
B. False
correct answer B
Being behind on child support payments is - VERIFIED ANSWER - A. Bad,
but will not prevent someone from obtain a sales agent license
B. Grounds for denying both a sales agent and broker's license
C. Grounds for denying a broker's license but not a sale agent's license
D. None of the above
correct answer B
Before a Project Broker may accept the position, he must - VERIFIED
ANSWER - A. Make a personal inspection of the project for which he is to
be responsible
B. Be appointed by the developer
C. Hold either a broker, broker-salesperson or salesperson license
D. Both A and B
