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TN Timeshare Exam Practice Test Questions and Answers Rated A+

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TN Timeshare Exam Practice Test Questions and Answers Rated A+ What is the Tennessee Real Estate Commission? - Answer ️️ -Judicial body of real estate industry in TN Following discriminatory practice, you should make a complaint with ____ days. - Answer ️️ - 180 What is a timeshare estate? - Answer ️️ -Ownership or leasehold estate in property devoted to a timeshare fee, tenants in common, time span ownership, interval ownership, and a time share lease. What is an acquisition...

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Tennessee State Exam Practice Questions with Verified Solutions

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Tennessee State Exam Practice Questions with Verified Solutions The terms of the _______ determine who receives the earnest money. - Answer ️️ -contract Woody wanted to work for the new broker in town, so he filed the paperwork necessary to affiliate with a new broker. What will happen to his three listings and two buyer clients? - Answer ️️ -They remain with Woody's original broker, unless the broker agrees to other arrangements in writing. Who's entitled to reimbursement from t...

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Final Exam TN Real Estate Course Questions and Answers with Verified Solutions

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Final Exam TN Real Estate Course Questions and Answers with Verified Solutions A Tennessee licensee must use the "Exclusive Right to Sell" form - Answer ️️ -required by the licensee's broker. According to the level of authority delegated to the agent, the usual real estate agency is a - Answer ️️ -limited agency. When must the contract be in writing? - Answer ️️ -John is agreeing to sell his shed to Shawn for $1,000. One disadvantage in using active listings for comparable...

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Tennessee Timeshare Test 100% Pass

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Tennessee Timeshare Test 100% Pass acquisition agent - Answer ️️ -people who solicit others to attend a presentation license expire - Answer ️️ -2 years from the issued date powers of the commission - Answer ️️ -can fine you, suspend your license, or refer you to court reinstatement for expired license - Answer ️️ -retake the test escrow account - Answer ️️ -deposit for purchase into a bank account developer - Answer ️️ -person/entity in the business of creating or ...

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Tennessee National Portion REAL ESTATE EXAM Latest 2024 Graded A+

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Tennessee National Portion REAL ESTATE EXAM Latest 2024 Graded A+ A corporation is - Answer ️️ -a legal entity that can buy and sell real estate as set out in its charter. Ownership in severalty is - Answer ️️ -property owned by one individual or corporation. A house is owned by three joint tenants, and one of the owners, as permitted by state law, sells that interest to a new owner. The result is a - Answer ️️ -tenancy in common between the new owner and the remaining joint t...

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TN Real Estate State Test Questions and Answers Already Passed

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TN Real Estate State Test Questions and Answers Already Passed What Tennessee law covers landlord-tenant relations? - Answer ️️ -Tennessee has the Uniform Landlord and Tenant Act for residential rentals. This law is designed to simplify, clarify, modernize, and revise the laws governing the rental of dwelling units and the rights and obligations of both landlords and tenants and to encourage them to maintain and improve the quality of housing. In addition, the law ensures that the righ...

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Tennessee (state exam) Real Estate Questions and Answers Rated A+

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Tennessee (state exam) Real Estate Questions and Answers Rated A+ Regulatory Powers - Answer ️️ -Enable the agency to pass specific regulations and rules to support the administration of the license law Judicial Powers - Answer ️️ -Enable it to conduct hearings and investigations into the activities of licensees and to rule on license suspensions or revocations Administrative Powers - Answer ️️ -Enable it to establish the staff organization, records, and facilities to manage t...

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Tennessee Timeshare License Exam 2024 Already Passed

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Tennessee Timeshare License Exam 2024 Already Passed What is an acquisition agent? - Answer ️️ -People who solicit others to attend a presentation When does your license expire? - Answer ️️ -2 years from the date of issuance What are the powers of the commission? - Answer ️️ -The can fine you, suspend your license, or refer you to court. If your license is expired, how can you get reinstated? - Answer ️️ -Retake the test What is an escrow account? - Answer ️️ -Deposit f...

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Real Estate Tennessee State Exam Questions and Answers 100% Pass

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Real Estate Tennessee State Exam Questions and Answers 100% Pass When an earnest money check is deposited, what information does Tennessee require be recorded and maintained? - Answer ️️ -Who provided the funds (the depositor) A principal broker in Tennessee is required ______ for all transactions in which affiliated licensees participate. - Answer ️️ -Review and approve transactional documents and agreements What must licensees do to maintain their licenses? - Answer ️️ -Compl...

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Timeshare License Exam Questions and Answers Already Graded A

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Timeshare License Exam Questions and Answers Already Graded A How long is a TSA license valid for? - Answer ️️ -2 years If a timeshare AGENT initially becomes licensed on June 6, 2000, when will the license expire? - Answer ️️ -June 30, 2002 (end of the month - 2 years later) If a timeshare REPRESENTATIVE initially becomes licensed on June 6, 2009, when will the license expire? - Answer ️️ -June 30, 2010 (end of the month - 1 year later) An applicant for an original timeshare ...

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