6/28/25, 10:24 AM Nevada Timeshare License EXAM LATEST (2025) COMPLETE QUESTIONS With 100% Verified Solutions, Flashcards | Quizlet
Nevada Timeshare License EXAM LATEST (2025)
COMPLETE QUESTIONS With 100% Verified
Solutions,
Save
Terms in this set (169)
The sale of timeshare NRS 119a
interests in the State of
Nevada is regulated under
the provisions of:
The law that regulates real NRS 645
estate in Nevada is:
Who appoints the The Director of the Department of Business and
Administrator of the Real Industry
Estate Division?
Who appoints the Director Governor
of the Department of
Business and Industry?
Who selects and appoints Developer
the Project Broker?
If a timeshare agent June 30, 2002
initially becomes licensed
on June 6, 2000, when will
the license expire?
https://quizlet.com/1057377774/nevada-timeshare-license-exam-latest-2025-complete-questions-with-100-verified-solutions-flash-cards/?new 1/31
,6/28/25, 10:24 AM Nevada Timeshare License EXAM LATEST (2025) COMPLETE QUESTIONS With 100% Verified Solutions, Flashcards | Quizlet
If a Sales Agent allows $100
their license to expire,
there is a 1 year grace
period in which they can
still renew. In addition to
the cost of the required 6
hours of continuing
education, and license
fee, the Agent will also
have to pay for new
fingerprints, and a Late
Renewal Penalty of $________
to the Real Estate Division.
How much is this penalty?
A timeshare owner with Fixed use
the same numbered week
of ownership each year
has...
What is fractional Ownership of an interval of 1 month to one-half year
ownership?
Having timeshare Floating use
ownership that may be
used seasonally or for a
different week each year
based on available and
requiring a reservation is
known as...
Which of the following Driving Record
reasons would NOT be
cause for the Real Estate
Division to deny an
application for timeshare
sales license?
https://quizlet.com/1057377774/nevada-timeshare-license-exam-latest-2025-complete-questions-with-100-verified-solutions-flash-cards/?new 2/31
,6/28/25, 10:24 AM Nevada Timeshare License EXAM LATEST (2025) COMPLETE QUESTIONS With 100% Verified Solutions, Flashcards | Quizlet
You have just completed Yes, they have to right to revoke for any reason for 5
making a timeshare sale. calendar days
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?
Ted and Alice Smith have A full refund of their purchase price
arrived at their timeshare
resort and produced the
confirmed reservation for
a unit. They are informed
that the unit is NOT
available. Ted goes
through the roof, but Alice
knows that they are
entitled to all the
following EXCEPT...
Any person who, on Registered Representative
behalf of a developer,
induces other persons to
attend a sales
presentation is a ...
How many hours of 6 hours
continuing education are
required for a licensed
Timeshare Sales Agent?
https://quizlet.com/1057377774/nevada-timeshare-license-exam-latest-2025-complete-questions-with-100-verified-solutions-flash-cards/?new 3/31
, 6/28/25, 10:24 AM Nevada Timeshare License EXAM LATEST (2025) COMPLETE QUESTIONS With 100% Verified Solutions, Flashcards | Quizlet
Mr. Allen was named the Sales agents and representatives
project broker at a
Nevada timeshare resort.
For which of the following
most accurately describes
the people will he be
responsible for?
In what year did the 1983
Nevada legislature pass
the statute governing
timeshare sales?
To effect an exchange, an The home resort
owner of a floating use
period MUST first secure a
specific week through
which of the following?
A Broker that works on Project Broker
behalf of a Developer of
Timeshare to coordinate
and supervise all sales
activities is known as a...
If the relationship changes 10 days
between the Sales Agent,
Developer and/or the
Broker, this must be
reported to the Real
Estate Division within...
The Division will issue a Provisional License until satisfactory results from the
license to those who FBI fingerprint background check are received by the
follow and complete the Division
process set forth in NRS
119a. Initially, the division
will issue a...
https://quizlet.com/1057377774/nevada-timeshare-license-exam-latest-2025-complete-questions-with-100-verified-solutions-flash-cards/?new 4/31
Nevada Timeshare License EXAM LATEST (2025)
COMPLETE QUESTIONS With 100% Verified
Solutions,
Save
Terms in this set (169)
The sale of timeshare NRS 119a
interests in the State of
Nevada is regulated under
the provisions of:
The law that regulates real NRS 645
estate in Nevada is:
Who appoints the The Director of the Department of Business and
Administrator of the Real Industry
Estate Division?
Who appoints the Director Governor
of the Department of
Business and Industry?
Who selects and appoints Developer
the Project Broker?
If a timeshare agent June 30, 2002
initially becomes licensed
on June 6, 2000, when will
the license expire?
https://quizlet.com/1057377774/nevada-timeshare-license-exam-latest-2025-complete-questions-with-100-verified-solutions-flash-cards/?new 1/31
,6/28/25, 10:24 AM Nevada Timeshare License EXAM LATEST (2025) COMPLETE QUESTIONS With 100% Verified Solutions, Flashcards | Quizlet
If a Sales Agent allows $100
their license to expire,
there is a 1 year grace
period in which they can
still renew. In addition to
the cost of the required 6
hours of continuing
education, and license
fee, the Agent will also
have to pay for new
fingerprints, and a Late
Renewal Penalty of $________
to the Real Estate Division.
How much is this penalty?
A timeshare owner with Fixed use
the same numbered week
of ownership each year
has...
What is fractional Ownership of an interval of 1 month to one-half year
ownership?
Having timeshare Floating use
ownership that may be
used seasonally or for a
different week each year
based on available and
requiring a reservation is
known as...
Which of the following Driving Record
reasons would NOT be
cause for the Real Estate
Division to deny an
application for timeshare
sales license?
https://quizlet.com/1057377774/nevada-timeshare-license-exam-latest-2025-complete-questions-with-100-verified-solutions-flash-cards/?new 2/31
,6/28/25, 10:24 AM Nevada Timeshare License EXAM LATEST (2025) COMPLETE QUESTIONS With 100% Verified Solutions, Flashcards | Quizlet
You have just completed Yes, they have to right to revoke for any reason for 5
making a timeshare sale. calendar days
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?
Ted and Alice Smith have A full refund of their purchase price
arrived at their timeshare
resort and produced the
confirmed reservation for
a unit. They are informed
that the unit is NOT
available. Ted goes
through the roof, but Alice
knows that they are
entitled to all the
following EXCEPT...
Any person who, on Registered Representative
behalf of a developer,
induces other persons to
attend a sales
presentation is a ...
How many hours of 6 hours
continuing education are
required for a licensed
Timeshare Sales Agent?
https://quizlet.com/1057377774/nevada-timeshare-license-exam-latest-2025-complete-questions-with-100-verified-solutions-flash-cards/?new 3/31
, 6/28/25, 10:24 AM Nevada Timeshare License EXAM LATEST (2025) COMPLETE QUESTIONS With 100% Verified Solutions, Flashcards | Quizlet
Mr. Allen was named the Sales agents and representatives
project broker at a
Nevada timeshare resort.
For which of the following
most accurately describes
the people will he be
responsible for?
In what year did the 1983
Nevada legislature pass
the statute governing
timeshare sales?
To effect an exchange, an The home resort
owner of a floating use
period MUST first secure a
specific week through
which of the following?
A Broker that works on Project Broker
behalf of a Developer of
Timeshare to coordinate
and supervise all sales
activities is known as a...
If the relationship changes 10 days
between the Sales Agent,
Developer and/or the
Broker, this must be
reported to the Real
Estate Division within...
The Division will issue a Provisional License until satisfactory results from the
license to those who FBI fingerprint background check are received by the
follow and complete the Division
process set forth in NRS
119a. Initially, the division
will issue a...
https://quizlet.com/1057377774/nevada-timeshare-license-exam-latest-2025-complete-questions-with-100-verified-solutions-flash-cards/?new 4/31
