• Card 2 / 145: According to the Nevada law, a time share is:
    A) A vacation home.
    B) The right to use an and occupy a unit on a recurrent periodic basis according to an arrangement allocating this right among various owners whether or not there is an additional charge to the owner for occupying the unit.
    C) A vacation condominium.
    D) A security or investment contract.
    E) A vacation or investment contract.

    Answer:
    B) The right to use an and occupy a unit on a recurrent periodic basis according to an arrangement allocating this right among various owners whether or not there is an additional charge to the owner for occupying the unit.

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Las Vegas Timeshare

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