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Who must approve all advertising for a Nevada timeshare project?

  1. The Nevada Real Estate Board

  2. The Developer's marketing team

  3. The Administrator of the Real Estate Division

  4. The local newspaper

The correct answer is: The Administrator of the Real Estate Division

The Administrator of the Real Estate Division must approve all advertising for a Nevada timeshare project to ensure compliance with state regulations and laws governing timeshare marketing and sales. This requirement is in place to protect consumers from misleading or deceptive advertising practices. By having a regulatory authority oversee the advertisements, it helps maintain the integrity of the timeshare industry, ensures truthful representation of the project, and safeguards consumer interests. The other choices do not hold this level of accountability or regulatory oversight. The Developer's marketing team may create the promotional materials, but they do not have the authority to approve them; this is a regulatory responsibility. The Nevada Real Estate Board, while an important body, is not specifically responsible for advertising approval for timeshare projects; instead, it focuses on broader regulatory issues. Finally, a local newspaper does not play a role in the approval process; they might publish advertisements but do not verify compliance with state regulations.