- Study guides, Class notes & Summaries

Tennessee Real Estate (State Exam) | Questions and Correct Answers | Latest Update 2024/2025 | 100% PASS Regulatory Powers - Answer -Enable the agency to pass specific regulations and rules to support the administration of the license law Judicial Powers - Answer -Enable it to conduct hearings and investigations into the activities of licensees and to rule on license suspensions or revocations Administrative Powers - Answer -Enable it to establish the staff organization, records, and f...

PSI State TN Practice Exam Questions and Verified Answers | Latest Update 2024/2025 A foundation drain shall extend past the outside edge of the footing at least how far? - Answer -12 inches` What are batter boards? - Answer -Stakes and ledger boards marking building lines. A topographic map is being used to determine cut and fill requirements. The contour interval is 2 feet. Across a distance of 200 feet there are 10 contours. What is the slope of the grade? - Answer -10:1 Before exca...

TN Real Estate | Questions and Correct Answers | Latest Update 2024/2025 Brokerage - Answer -The business of bringing buyers and sellers together Agency - Answer -The broker is hired by someone called the client to represent that client in negotiating contracts Independent Contract - Answer -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 - Answer - TEFRA (Tax,...

Real Estate TN State Exam | Q&A Latest Update 2024/2025 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 - Answer -B How many members are on the Tennessee Real Estate Commission? A) 10 B) 9 C) 5 D) 15 - Answer -B How many years may they serve? a) 3 years b) 5 years c) 6 years d) 4 years - Answer -b

PSI REAL ESTATE EXAM | Questions and Correct Answers | 2024/2025 Update The ability of the government to acquire real property against the owner for the benefit of the public. - Answer -Eminent Domain When real property is conveyed to a party through a will. the real property is referred by what term? - Answer -Devise What is the most complete estate in real property? - Answer -Fee Simple What is an exaggerated term from a real estate agent,that would be considered not true? - Answer -...

PSI Tennessee (TN) REAL ESTATE Exam | Q&A Latest Update 2024/2025 | 100% PASS The ability of the government to acquire real property against the owner for the benefit of the public. - Answer -Eminent Domain When real property is conveyed to a party through a will. the real property is referred by what term? - Answer -Devise What is the most complete estate in real property? - Answer -Fee Simple What is an exaggerated term from a real estate agent,that would be considered not true? - An...