Tn affiliate broker exam - Study guides, Class notes & Summaries
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Affiliate Broker Test - TN 2024 exam with 100% correct answers
- Exam (elaborations) • 54 pages • 2024
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Which of the following is a violation of federal fair housing law? 
 
A) A landlord refuses to rent to anyone under the age of 30. 
B) A private homeowner advertises a private house share using the phrase: "No minorities." 
C) private homeowner lives in a duplex and won't rent the other half to a pregnant woman. 
D) private homeowner lives in a triplex and won't rent one of the units to a family. 
A private homeowner advertises a private house share using the phrase: "No minorities." 
 
 
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Affiliate Broker TN National Exam Practice (PSI) exam latest update with 100% correct answers.
- Exam (elaborations) • 35 pages • 2024
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1. The fewer properties on the market, the greater the scarcity. What's the effect on prices? 
Prices are pushed upward 
 
 
 
1. Frank owns a property on which there is walkway to the beach shared by his neighbors on either side. What is Frank's property? 
· Servient estate 
 
 
 
1. Simon is looking for a facility for a large grocery distribution operation. He found two options, one of which is offering him a triple net lease, and the other an absolute net lease. Why is his attorney arguing...
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real estate Tennessee State Exam Questions And Answers, Over 200 Questions And Answers, Complete Solution 2023
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real estate Tennessee State Exam Questions And Answers, Over 200 Questions And Answers, Complete Solution 2023 
 
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 
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Affiliate Broker TN STATE PRACTICE exam with 100% correct answers
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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...
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TN Real Estate Exam Questions And Answers, Over 250 Questions And Correct Answers 2023
- Exam (elaborations) • 18 pages • 2023
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TN Real Estate Exam Questions And Answers, Over 250 Questions And Correct Answers 2023 
 
Brokerage 
The business of bringing buyers and sellers together 
Agency 
The broker is hired by someone called the client to represent that client in negotiating contracts 
Independent Contract 
One who is not an employee-They are paid gross earnings and the broker does not subtract tax/S.S. from their earnings 
Law that passed to be treated as Independent Contractor 
TEFRA (Tax, Equity, Fiscal, Responsibil...
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PSI TN (State) Exam Questions and Answers (Graded A)
- Exam (elaborations) • 9 pages • 2023
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PSI TN (State) Exam Questions and Answers (Graded A) 
 
PSI TN (State) Exam Questions and Answers (Graded A) 
 
PSI TN (State) Exam Questions and Answers (Graded A) 
What is the purpose of an escrow account? - ANSWER-Keep money that doesn't belong to you SEPARATE from personal account/money 
 
Who is responsible for looking after Escrow Accounts for property? - ANSWER-Broker 
 
Another name for Escrow Money (earnest money, security deposits) is_________? - ANSWER-Trust Money 
 
When a Broker ge...
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TN Affiliate Broker Law exam with 100% correct answers
- Exam (elaborations) • 12 pages • 2024
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Which of the following is legal advertising on a sign? 
"For rent by owner/agent, 555-1234," on a building owned, but not listed, by a broker. 
 
 
 
Affiliate broker Bird has been licensed for at least two years. He has just passed the state broker examination and would like to apply for a broker's license. In order to meet the requirements, he must include which of the following with his application? 
Proof of satisfactory completion of 120 classroom hours approved by the Commission. 
 
 
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Real Estate TN Broker Exam 2023-2024 Questions and Answers 100% Correct
- Exam (elaborations) • 9 pages • 2023
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Real Estate TN Broker Exam 2023-2024 Questions and Answers 100% Correct 
 
Real Estate TN Broker Exam 2023-2024 Questions and Answers 100% Correct 
 
Real Estate TN Broker Exam 2023-2024 Questions and Answers 100% Correct 
 
Real Estate TN Broker Exam 2023-2024 Questions and Answers 100% Correct 
 
 
What year was the Real Estate Commision for TN formed? - ANSWER-1951 
 
Licenses, registers and regulates real estate brokers and affiliate brokers, real estate firms, rental location agents, time-s...
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TN Real Estate Exam Questions And Answers, Over 250 Questions And Correct Answers 2024
- Exam (elaborations) • 18 pages • 2024
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TN Real Estate Exam Questions And Answers, Over 250 Questions And Correct Answers 2024 
 
Brokerage 
The business of bringing buyers and sellers together 
Agency 
The broker is hired by someone called the client to represent that client in negotiating contracts 
Independent Contract 
One who is not an employee-They are paid gross earnings and the broker does not subtract tax/S.S. from their earnings 
Law that passed to be treated as Independent Contractor 
TEFRA (Tax, Equity, Fiscal, Responsibil...
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TN real estate exam prep question and answers graded A+ already passed
- Exam (elaborations) • 18 pages • 2023
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TN real estate exam prep question and answers graded A+ already passed in accordance with TN law, transaction records should be maintained for a period of - correct answer Three years 
 
a type of listing illegal in TN - correct answer A net listing 
 
TN licensee Doug wants to advertise another brokers listing. whose permission must he have to do this - correct answer The property owner 
 
what is the minimum number of years that brokers in TN must keep records of escrow/trustee accounts - corr...
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