Affiliate - Study guides, Class notes & Summaries

TN New Affiliates Practice Final Exam Already Passed Typical disclaimers by the real estate firms and licensees who are party to the purchase transaction would include -not responsible for violations of the Licensing Act. -not liable for damages caused by inspectors. -not responsible for representations made about suitability of the property for a particular use. *not responsible for the performance of buyer or seller. In addition to being a contract between a licensee and a seller ...

SSI ASSISTANT INSTRUCTOR EXAM QUESTIONS AND VERIFIED ANSWERS 2024 GRADED A+. 2 / 64 1. An SSI Professional must to maintain active status. All answers are correct Complete the online renewal Pay the annual fee Affiliate with an active status SSI dive center: All answers are correct 2. The Customer Loyalty Cycles describes the process for: Acquiring and retaining customers Convincing customers to visit new dive sites Selling equipment to customers All answers are correct: Acquiring ...

1. Tim, a Tennessee licensee, is affiliated with principal broker Ashton. After a team meeting, Tim asked him "Why do we need to keep purchase documents and closing statements?" Ashton's response should be ______. "Tennessee law requires I keep records relating to any real estate transaction or else risk my license being revoked." 1. As part of her license renewal requirement, Tamsin must complete 16 hours of continuing education. What type of license does she hold? Affiliate broke...

TN Real Estate Affiliate Broker Exam Questions With 100% Correct Answers 2024

The Tennessee Human Rights Commission (THRC) enforces fair housing laws in the state. Exemptions to Tennesse's Human Rights Act are: 1. Rental of one housing unit when the building contains no more than two independent units, if the owner or a family member lives in one of the units. 2. Rental of a room or rooming unit in a housing accommodation that shares a common bath (and only in regards to sex as a protected class). 3. Sale, rental, or preference of a dwelling owned, operated, or ...

An affiliate broker can legally start working with their broker when: A. They receive notification of a passing grade on license test B. The recovery fund fee is paid C. The applicant requests a hearing before the Real Estate Commission D. The affiliate broker's license has been issued. correct answer: D. The affiliate broker's license has been issued All of the following are true concerning the Tennessee Real Estate Education & Recovery Account EXCEPT: A. All affiliate brokers an...

A woman passed the affiliate broker examination and is eager to begin listing and selling homes. What can she do? Apply for a license on the forms provided by the TREC and wait to receive it. A broker has several branch offices. Which is true regarding the management? Each branch office must be under the supervision of a broker licensed at that address. To create an agency relationship, there must be a written bilateral agreement. A licensed affiliate broker wants to incl...

A lien is an example of a/an...? - Encumbrance - Entitlement - Estoppel - Escheatment Encumbrance If a property has both a tax lien and a mortgage lien against it, which lien has priority (generally speaking)? - Tax lien - Mortgage lien - They have equal priority - Whichever lien was filed first Tax lien A lien that is not tied to a specific piece of real estate is called a...? - General lien - Non-specific lien - Statutory lien - Tax lien General lien T...

RE Salesperson License requirements? 18 years old, 40 hour class, pass the exam, must affiliate with a broker to practice and may not accept direct client payments Broker's License requirements? 3 years salesperson experience, 40 hour class, pass the exam, $5,000 bond and pay a fee.

TN New Affiliate Broker Unit 1 Test Exam With 100% Correct Answers 2024