TN Timeshare(question and answers)graded A+ 2023 passed

TN Timeshare(question and answers)graded A+ 2023 passedWhat can be a timeshare? - correct answer Anything unless prohibited by another document or regulation. What is a project instrument? - correct answer All documents associated with a timeshare. What is the Tennessee Real Estate Commission (TREC)? - correct answer The judicial body of the real estate industry in Tennessee Following discriminatory practices, you should make a complaint within ___ days - correct answer 180 What is a timeshare a estate? - correct answer Ownership or leasehold estate in property devoted to a timeshare fee, tenants in common, time span ownership, and triple ownership and a timeshare lease. What is an acquisition agents? - correct answer Licensed and attends directly to encourage any person to attend a sales presentation for a timeshare program What is an exchange agent? - correct answer Agent for an exchange program What is a purchaser? - correct answer Anyone who buys a timeshare What is a sales agent? - correct answer Person acting as a seller of any timeshare contract (only cylinder specific timeshare developer) anyone who saw the timeshare What is a person that sells more than five timeshares a year that are not their own? - correct answer Timeshare resale broker