Tennessee Timeshare License Exam / Actual Questions & Verified Answers, 2025 / 2026.

Tennessee Timeshare License




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What is an acquisition agent? -

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People who solicit others to attend a presentation



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When does your license expire? -

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2 years from the date of issuance



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What are the powers of the commission? -

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The can fine you, suspend your license, or refer you to court.



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If your license is expired, how can you get reinstated? -

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Retake the test



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, What is an escrow account? -

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Deposit for purchase into a bank account



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Who is the developer and can they be refused a license? -

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The person or entity which is in the business of creating or selling any timeshare program



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What is the project? -

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The developement



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What is an exchange agent? -

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RCI



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What can be a timeshare? -

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Anything unless it is prohibited by other documents



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What is a project instrument? -

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All documents associated with the timeshare



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