Timeshare test 1 Questions And Answers 2024/2025
NRS 119 A - ANS_The sale of timeshare interests in the State of Nevada is regulated under the provisions
of...
NRS 645 - ANS_The Law that regulates real estate in Nevada is?
The Director of the Department of Buisness - ANS_Who supervises the Administrator of the Real Estate
Division?
The Governor - ANS_Who appoints the Director of the Department of Business and Industry?
Developer - ANS_Who selects and appoints the Project Broker
Behind on Child Support Payments
Crimes of moral turpitude
Previously revoked insurance sales license - ANS_What are the following are reasons for the real estate
division to deny a Sales Agent's License application?
(except) Reckless Driving conviction
June 30, 2002 - ANS_If a timeshare licensed on June 6, 2000 when will the license expire?
Ownership of an interval of 1 month to the one-half year - ANS_What is a fractional ownership?
, Decreases in value; therefore, buyers should not be encouraged to purchase as an investment
opportunity. - ANS_The Value of an individual timeshare usually?
Fee Deed and title - ANS_The purest form of ownership is?
Un-deeded ownership
Right to Use
A member of a Club - ANS_The leaseholder is an example of?
Criminal record
Driving Record
Child support issues
Crimes of moral turpitude (fraudulent activities)
Previous license was revoked - ANS_Which of the following reasons would be cause for the Real Estate
Division to deny an application for timeshare sales license?
Yes, they have to right to revoke for any reason for 5 calendar days - ANS_You have just completed
making a timeshare sale. Your buyers go back to their hotel, and after dinner and a few cocktails, they
have second thoughts about the purchase. Can they change their minds and get out of the deal?
Affiliate with a project broker who is licensed under NRS 645
Work for only one project broker at a time
Keep current in child support payments - ANS_Nevada law REQUIRES all timeshare sales agents to do all
the following ... (expect) Take 14 hours of continuing education every 2 years
NRS 119 A - ANS_The sale of timeshare interests in the State of Nevada is regulated under the provisions
of...
NRS 645 - ANS_The Law that regulates real estate in Nevada is?
The Director of the Department of Buisness - ANS_Who supervises the Administrator of the Real Estate
Division?
The Governor - ANS_Who appoints the Director of the Department of Business and Industry?
Developer - ANS_Who selects and appoints the Project Broker
Behind on Child Support Payments
Crimes of moral turpitude
Previously revoked insurance sales license - ANS_What are the following are reasons for the real estate
division to deny a Sales Agent's License application?
(except) Reckless Driving conviction
June 30, 2002 - ANS_If a timeshare licensed on June 6, 2000 when will the license expire?
Ownership of an interval of 1 month to the one-half year - ANS_What is a fractional ownership?
, Decreases in value; therefore, buyers should not be encouraged to purchase as an investment
opportunity. - ANS_The Value of an individual timeshare usually?
Fee Deed and title - ANS_The purest form of ownership is?
Un-deeded ownership
Right to Use
A member of a Club - ANS_The leaseholder is an example of?
Criminal record
Driving Record
Child support issues
Crimes of moral turpitude (fraudulent activities)
Previous license was revoked - ANS_Which of the following reasons would be cause for the Real Estate
Division to deny an application for timeshare sales license?
Yes, they have to right to revoke for any reason for 5 calendar days - ANS_You have just completed
making a timeshare sale. Your buyers go back to their hotel, and after dinner and a few cocktails, they
have second thoughts about the purchase. Can they change their minds and get out of the deal?
Affiliate with a project broker who is licensed under NRS 645
Work for only one project broker at a time
Keep current in child support payments - ANS_Nevada law REQUIRES all timeshare sales agents to do all
the following ... (expect) Take 14 hours of continuing education every 2 years
