Nevada Timeshare License Practice Exam

When advertising distance related to a timeshare project, what is an acceptable practice according to the Real Estate Division?

1. Using estimated distances round to the nearest mile

2. Stating actual distance in miles along roads and types of roads traversed

3. Rounding distances and omitting road types

4. Only providing a general description of the area

The correct answer is: Stating actual distance in miles along roads and types of roads traversed

Stating the actual distance in miles along roads and the types of roads traversed is considered an acceptable practice according to the Real Estate Division. This approach ensures that potential buyers receive accurate and clear information about how far the timeshare project is from key locations. It helps consumers make informed decisions by providing specific details that can affect their travel plans and overall experience. Using actual distances is crucial because it avoids misleading potential buyers with inflated or vague estimates. Including information about the types of roads also adds valuable context; for example, whether the roads are major highways or rural routes can influence travel times and accessibility. This level of detail promotes transparency and builds trust with prospective purchasers, aligning with regulatory standards aimed at protecting consumer interests. Other choices, while they may seem to offer convenience or simplicity, could lead to misunderstandings or misrepresentations about the timeshare's location. Therefore, providing precise distances and road types supports ethical marketing practices within the timeshare industry.