7/2/25, 10:55 PM TN Timeshare Exam
TN Timeshare NEWEST EXAM 2025 -2026 \LATEST
VERSION WITH UPDATED QUESTIONS AND
ACCURATE DETAILED ANSWERS \ASSURED PASS
ALREADY A+
Where can timeshare units In any unit unless prohibited by law
can be created?
When shall a receipt of No later than the date of sale
Public Offering Statement
take place?
What must the public Both signed and dated
offering statement have to
be valid?
Disclosure of Recession rights In the contract and public offering statement, in bold print
must appear where?
Escrow accounts for The developer
timeshare sales cannot be
held by who?
Who is ultimately responsible The Broker
for Escrow funds?
Any person other than a Purchaser
developer or lender who
acquires an interest in a
timeshare is called what?
The maximum recession 10 days
period for a person who
visits a timeshare resort in
Tennessee and signs a
contract of sale is how
long?
A timeshare contract is Received a public offering statement and the 10 day recession
period has passed.
/ 1/1
0
, 7/2/25, 10:55 PM TN Timeshare Exam
voidable by purchaser until
what has happened?
What is the person called who Acquisition Agent
solicits
people to attend a timeshare
presentation?
A person who exchanges Exchange Agent
timeshare
intervals in exchange
programs with other
timeshare intervals, is
called what?
Price increases in timeshare 60
CANNOT be
announced more than how
many days prior to the
effective date?
If an unlicensed person is $1000
fined by TREC, not the
court, the maximum fine
is
______________________ p
er
offense.
The purpose of the To protect the public
"Tennessee Real Estate
Brokers License Act of 1973"
is:
A timeshare resort may offer Fair market value and The time and place of delivery
a promotional gift as an must be stated, Approved by broker, and must be in
inducement to tour if all of writing
the
following conditions are met.
What are the conditions?
TRAC has the authority to Sentence a guilty licensee to a jail term
revoke or
suspend a timeshare license,
adopt new
rules and regulations, but
cannot do what?
/ 2/1
0
TN Timeshare NEWEST EXAM 2025 -2026 \LATEST
VERSION WITH UPDATED QUESTIONS AND
ACCURATE DETAILED ANSWERS \ASSURED PASS
ALREADY A+
Where can timeshare units In any unit unless prohibited by law
can be created?
When shall a receipt of No later than the date of sale
Public Offering Statement
take place?
What must the public Both signed and dated
offering statement have to
be valid?
Disclosure of Recession rights In the contract and public offering statement, in bold print
must appear where?
Escrow accounts for The developer
timeshare sales cannot be
held by who?
Who is ultimately responsible The Broker
for Escrow funds?
Any person other than a Purchaser
developer or lender who
acquires an interest in a
timeshare is called what?
The maximum recession 10 days
period for a person who
visits a timeshare resort in
Tennessee and signs a
contract of sale is how
long?
A timeshare contract is Received a public offering statement and the 10 day recession
period has passed.
/ 1/1
0
, 7/2/25, 10:55 PM TN Timeshare Exam
voidable by purchaser until
what has happened?
What is the person called who Acquisition Agent
solicits
people to attend a timeshare
presentation?
A person who exchanges Exchange Agent
timeshare
intervals in exchange
programs with other
timeshare intervals, is
called what?
Price increases in timeshare 60
CANNOT be
announced more than how
many days prior to the
effective date?
If an unlicensed person is $1000
fined by TREC, not the
court, the maximum fine
is
______________________ p
er
offense.
The purpose of the To protect the public
"Tennessee Real Estate
Brokers License Act of 1973"
is:
A timeshare resort may offer Fair market value and The time and place of delivery
a promotional gift as an must be stated, Approved by broker, and must be in
inducement to tour if all of writing
the
following conditions are met.
What are the conditions?
TRAC has the authority to Sentence a guilty licensee to a jail term
revoke or
suspend a timeshare license,
adopt new
rules and regulations, but
cannot do what?
/ 2/1
0
