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What type of exam must a Time Share Salesperson take?

  1. Only the national part of PSI exam

  2. Only the state part of PSI exam

  3. Both the national and state parts of PSI exam

  4. No exam is required

The correct answer is: Only the state part of PSI exam

In Tennessee, a Time Share Salesperson is required to take only the state part of the PSI exam. This requirement is specific to the licensing process for time share sales representatives, distinguishing it from other real estate licenses that may necessitate the completion of both national and state examinations. The state exam focuses on the laws, regulations, and practices specific to Tennessee, which is essential for anyone engaging in time share sales within the state. This ensures that the salesperson is well-versed in local real estate laws and practices, which is crucial for compliance and effective operation in the market. Hence, the correct choice highlights the tailored approach to the time share licensing process in Tennessee.