Nevada Timeshare License Practice Exam

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Prepare for the Nevada Timeshare License Exam with engaging multiple choice questions, detailed explanations, and flashcards. Maximize your chance of success!

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What primary benefit is offered by the non-disturbance clause?

Protection against financial loss from defaults
Securing a timeshare in case of bankruptcy
Ensuring continued use despite developer issues
Guaranteeing permanent ownership of the unit

The correct answer is: Ensuring continued use despite developer issues

The non-disturbance clause primarily offers the benefit of ensuring that timeshare owners can continue to use their property even if the developer encounters financial difficulties or other issues, such as bankruptcy. This clause typically protects the rights of the timeshare owner by stating that as long as the owner continues to meet their obligations—like paying maintenance fees—they will not be affected by the developer's problems. The recognition of this clause helps maintain peace of mind for owners, as they can enjoy their timeshare experience without the worry that external issues will disrupt their access to the property. In essence, it safeguards the owner's ability to utilize the timeshare regardless of the developer's circumstances, assuring them that their investment is protected under the agreed-upon terms of the timeshare arrangement.