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    Exam 11: Real Estate Communities: Multiunit Interests and Owners Associations
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    A Vacation License
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A Vacation License

Question 69

Question 69

Multiple Choice

A vacation license:


A) Gives the owner of the license a fee simple interest in the property.
B) Is subject to the laws on the sale of securities.
C) Is the same as a time-sharing interest.
D) Is the same as a time-sharing network.

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