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Real Estate TN Broker Exam Questions and Answers 100% Solved
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Real Estate TN Broker Exam
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Real Estate TN Broker ExamWhat year was the Real Estate Commission for TN formed? - answer1951
Licenses, registers and regulates real estate brokers and affiliate brokers, real estate firms, rental location agents, time-share salespersons and developments, vacation clubs and vacation lodging services. - answer Responsibilities of the TN Real Estate Commission
Who enacts rules addressing professional conduct and standards of practice. - answer Tennessee Real Estate Commission
The mission is to protect the public through establishment and administration of ________ ________ _______ _____ ______ _______, effective professional education
of licensees and enforcement of professional conduct. - answer minimum requirements for candidates and licensees
Persons and Disputes Not Within the Commission's Jurisdiction - answer A. Cannot decide on Zoning Issues; B. Commission Disputes; C. Associate Disputes; D. Inspection or Survey Issues
How many members are there on the Tennessee Real Estate Commission? - answer9
Amount of money to reinstate an expired license. - answer$1,500
An ad by a licensee that fails to identify the licensee as a professional real estate agent.
- answer Blind Ad
Who can file a complaint against a real estate agent. - answer Any person may file a complaint for unlicensed activity where such activity requires licensure by law.
Can the RE Commission recover or order the refund of any money or property to which you may be entitled. - answer No
How does one recover the refund of money or property to which one may be entitled. - answer You must institute a civil lawsuit for this purpose and hire your own legal counsel, if necessary. In certain instances, a judge can revoke or suspend the license of
the person against whom you are complaining, the Respondent.
How many days does a respondent have to reply to the complaint. - answer10 days of the postmarked date of receipt Can the respondent contact the person/persons filing a complaint? - answer When the response is received by our office, we will send a copy to you. You may respond to the Respondent's answer if you wish.
After you complaint is received and the respondent has time to respond (10) days, what happens next? - answer An Administrative Review
If the Commission votes to hold a formal hearing regarding a complaint, what happens next? - answer You will be subpoenaed to testify.
How old do you have to be to become a Real Estate Agent? - answer18
How long do you have to be a resident of Tennessee to obtain a license? - answer45 Days
Do you have to have a college degree to obatin a RE License? - answerNo, graduated from high school or (GED).
How many hours of Real Estate Principles licensing course before registering for the PSI Affliate Broker Real Estate Exam? - answer60
After passing both the national and state Real Estate Exams, how many hours of real estate courses do new affiliates complete before applying for licensure? - answer30 Hours
After you have completed, signed and submitted the licensing application provided by the Tennessee Real Estate Commission along with the required fee. What else is required as of January 1, 2014 required to be submitted when applying for a license. - answer electronic fingerprint files
In order to become a Real Estate Broker, one must have an active license that meets one of the following criteria: - answer1.) Twenty-four months actively licensed, if licensed as an affiliate broker on or before May 12, 1988.
-OR-
2.) Thirty-six months actively licensed, if licensed as an affiliate broker after May 12, 1988.
-OR-
3.) Twenty-four months actively licensed, if the candidate has a baccalaureate degree with a major in real estate.
How many hours of approved real estate education must once complete to test to be a Broker? - answer120-hours including 30 hours in "Office/Broker Management"
One must have completed, signed and submitted the licensing application provided by the Tennessee Real Estate Commission along with the required fee. In order to do what? - answer Take the real estate Broker Exam
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