Tennessee law real estate - Study guides, Class notes & Summaries
Looking for the best study guides, study notes and summaries about Tennessee law real estate? On this page you'll find 313 study documents about Tennessee law real estate.
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Real Estate TN Broker exam latest update with 100% correct answers.
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What year was the Real Estate Commision for TN formed? 
1951 
 
 
 
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. 
Responsibilities of the TN Real Estate Commision 
 
 
 
Who enacts rules addressing professional conduct and standards of practice. 
Tennessee Real Estate Commision 
 
 
 
The mission is to protect the public through establ...
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real estate TN exam latest update with 100% correct answers
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What is the name of the Tennessee real estate regulatory body? 
a) Division of the Tennessee Real Estate 
B) Tennessee Real Estate Commission 
C) Board of Real Estate Regulators 
D) Tennessee Real Estate Board 
B 
 
 
 
How many members are on the Tennessee Real Estate Commission? 
A) 10 
B) 9 
C) 5 
D) 15 
B 
 
 
 
How many years may they serve? 
a) 3 years 
b) 5 years 
c) 6 years 
d) 4 years 
b 
 
 
 
What is the purpose and mission of TREC? 
a) to license and regulate real estate brokers and ...
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Tennessee (state exam)Real Estate exam latest update with 100% correct answers
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Regulatory Powers 
Enable the agency to pass specific regulations and rules to support the administration of the license law 
 
 
 
Judicial Powers 
Enable it to conduct hearings and investigations into the activities of licensees and to rule on license suspensions or revocations 
 
 
 
Administrative Powers 
Enable it to establish the staff organization, records, and facilities to manage the licensing process and the licensees themselves 
 
 
 
Mission of the Tennessee Real Estate Commission 
P...
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TN Real Estate Affiliate Broker exam with 100% correct answers
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How many hours are required for AF Broker exam 
90 
 
 
 
Another name for escrow account 
Trust account 
 
 
 
What responsibility does a broker have when a licensee wants to change brokerages? 
Immediately sign TREC's Transfer, Release and Change of Status Form to release the licensee. 
 
 
 
Why do residential and commercial real estate purchases in Tennessee require different contracts? 
To provide the proper legal protections to the parties involved. 
 
 
 
You're the seller's agent for ...
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Tennessee (state exam)Real Estate exam latest update with 100% correct answers
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Enable the agency to pass specific regulations and rules to support the administration of the license law 
Regulatory Powers 
 
 
 
Enable it to conduct hearings and investigations into the activities of licensees and to rule on license suspensions or revocations 
Judicial Powers 
 
 
 
Enable it to establish the staff organization, records, and facilities to manage the licensing process and the licensees themselves 
Administrative Powers 
 
 
 
Protect the public 
Mission of the Tennessee Real ...
And that's how you make extra money
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Tennessee National Portion Real Estate Exam Questions and Answers Already Passed
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Tennessee National Portion Real Estate 
Exam Questions and Answers Already 
 
Passed 
 
A corporation is a legal entity that can buy and sell real estate as set out in its charter. 
 
Ownership in severalty is property owned by one individual or corporation. 
 
A house is owned by three joint tenants, and one of the owners, as permitted by state law, sells 
that interest to a new owner. The result is a tenancy in common between the new owner and 
the remaining joint tenants 
 
The owner of a con...
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Tennessee Law Real Estate Verified Questions And Answers With Latest Tests
- Exam (elaborations) • 4 pages • 2023
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Tennessee Law Real Estate Verified Questions And Answers With Latest Tests 
The title of the Tennessee law is Tennessee Broker license act of 1973 
 
Adverse facts are defined under Tennessee law as Conditions or occurrences generally recognized as having a negative impact on the value of real estate. 
 
A person engaged under contract by or on behalf of a licensed broker participating in real estate activities as defined by Tennessee law is considered a? Affiliate broker 
 
Which of the followi...
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Real Estate Broker Exam Practice questions with complete solutions.
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Real Estate Broker Exam Practice questions with complete solutions. 
 
 
 
 
 
 
 
 
 
 
 
Who makes and changes the Commission rules? 
 
Qualified state courts 
The Commission 
The state legislature 
A committee appointed by the Governor - correct answer. The Commission 
 
The Human Rights Act exists to ensure that 
 
national mandated rights are carried out. 
basic rental rights laws are carried out. 
local civil rights laws are carried out. 
federal civil rights laws are carried out. - ...
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TN Real Estate State Test Questions and Answers Already Passed
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TN Real Estate State Test Questions and 
Answers Already Passed 
What Tennessee law covers landlord-tenant relations? - Answer ️️ -Tennessee has the Uniform 
Landlord and Tenant Act for residential rentals. This law is designed to simplify, clarify, 
modernize, and revise the laws governing the rental of dwelling units and the rights and 
obligations of both landlords and tenants and to encourage them to maintain and improve the 
quality of housing. In addition, the law ensures that the righ...
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TN Real Estate exam latest update with 100% correct answers already graded A+
- Exam (elaborations) • 18 pages • 2024
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coordinate inspections and deliver documents and escrow monies to the appropriate attorney 
a broker or affiliate broker may perform all of the following in preparation for the closing EXCEPT 
 
 
 
may conduct the closing 
a broker decides he wants to conduct the closing on a all-cash sales of a property between his clients, the seller, and the buyer, his customer. with these parties, the broker 
 
 
 
receive up to $50K from the real estate education and recovery account for the full judgment ...
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