A timeshare sales agent may lose their license for which of the following reasons?

The correct answer focuses on the importance of ethical conduct and transparency within the timeshare industry. A timeshare sales agent is responsible for providing accurate and complete information to potential buyers, which includes disclosing material facts about the property, the timeshare agreement, and any associated costs or fees. Failing to disclose material facts can mislead consumers and prevent them from making informed decisions, which is a serious violation of ethical and legal standards.

In many jurisdictions, the failure to disclose pertinent information can result in disciplinary action, including the suspension or revocation of a sales license. This underscores the necessity for agents to maintain integrity in their dealings, as consumer trust is foundational in maintaining a reputable timeshare market.

While other reasons cited, such as failing to meet sales quotas or accepting commissions from unauthorized parties, can also lead to license issues in certain circumstances, the specific act of not disclosing material facts reflects a breach of legal obligations and consumer protection laws, making it a more direct and clear cause for losing a license in the context of this question. Engaging in unethical practices is indeed a serious concern, but it falls under a broader category, whereas the failure to disclose material facts is a specific, actionable violation.