Tn real estate exam Study guides, Class notes & Summaries

In accordance with TN law, transaction records should be maintained for a period of Three years A type of listing illegal in TN A net listing TN licensee Doug wants to advertise another brokers listing. Whose permission must he have to do this The property owner What is the minimum number of years that brokers in TN must keep records of escrow/trustee accounts Three A principal broker in TN, has a legal responsibility to review all of the following documents for accuracy and in a tim...

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...

A Tennessee licensee must use the "Exclusive Right to Sell" form required by the licensee's broker. According to the level of authority delegated to the agent, the usual real estate agency is a limited agency. When must the contract be in writing? John is agreeing to sell his shed to Shawn for $1,000. One disadvantage in using active listings for comparables is they provide somewhat dubious comparisons because listing prices are not selling prices. Why is it sometimes necessary to inclu...

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...

coordinate inspections and deliver documents and escrow monies to the appropriate attorney correct answer: a broker or affiliate broker may perform all of the following in preparation for the closing EXCEPT may conduct the closing correct answer: 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 accoun...

TN Real Estate Exam Practice Questions Property Ownership

TREC can hold as many meetings as it deems necessary throughout the year, but it must have a minimum of three meetings. Where must these meetings take place? - Answer One in each, West, middle, east division Gideon is planning to run a full-page ad in the Knoxville newspaper to promote his open house in two weeks. He'll be offering a free overnight stay at a local resort to the winner of the door prize. Which of the following is a true statement? - Answer Gideon's ad must clearly state ...

TN Real Estate Exam Questions and Answers 100% Pass a broker or affiliate broker may perform all of the following in preparation for the closing EXCEPT coordinate inspections and deliver documents and escrow monies to the appropriate attorney 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 may conduct the closing an aggrieved person is awarded a judgment against a re...

TN Real Estate Exam Prep Questions and Answers 100% CorrectTN Real Estate Exam Prep Questions and Answers 100% CorrectTN Real Estate Exam Prep Questions and Answers 100% CorrectTN Real Estate Exam Prep Questions and Answers 100% CorrectTN Real Estate Exam Prep Questions and Answers 100% Correctcoordinate inspections and deliver documents and escrow monies to the appropriate attorney - ANSWER-a broker or affiliate broker may perform all of the following in preparation for the closing EXCEPT ma...

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...