Tennessee state exam - Study guides, Class notes & Summaries

The terms of the _______ determine who receives the earnest money. correct answers contract Woody wanted to work for the new broker in town, so he filed the paperwork necessary to affiliate with a new broker. What will happen to his three listings and two buyer clients? correct answers They remain with Woody's original broker, unless the broker agrees to other arrangements in writing. Who's entitled to reimbursement from the Real Estate Education and Recovery Account? correct answers A m...

Real Estate Tennessee State Exam Questions with 100% Correct Answers | Updated & Verified | 2024

The terms of the _______ determine who receives the earnest money. contract Woody wanted to work for the new broker in town, so he filed the paperwork necessary to affiliate with a new broker. What will happen to his three listings and two buyer clients? They remain with Woody's original broker, unless the broker agrees to other arrangements in writing.

NURS 4570 STUDY GUIDE EXAM QUESTIONS AND ANSWERS A+ EAST TENNESSEE STATE UNIVERSITY.docx

When an earnest money check is deposited, what information does Tennessee require be recorded and maintained? Who provided the funds (the depositor) A principal broker in Tennessee is required ______ for all transactions in which affiliated licensees participate. Review and approve transactional documents and agreements What must licensees do to maintain their licenses? Complete continuing education requirements and pay the renewal fee Addision didn't make an on-site inspection of the tim...

Real Estate Tennessee State Exam Questions and Answers 100% Pass When an earnest money check is deposited, what information does Tennessee require be recorded and maintained? - Answer ️️ -Who provided the funds (the depositor) A principal broker in Tennessee is required ______ for all transactions in which affiliated licensees participate. - Answer ️️ -Review and approve transactional documents and agreements What must licensees do to maintain their licenses? - Answer ️️ -Compl...

Tennessee State Exam Practice 89 Questions and Answers (100% Verified Answers) Latest Update

Tennessee State Exam Practice 89 Questions and Answers (100% Verified Answers) Latest Update Tennessee State Exam Practice 89 Questions and Answers (100% Verified Answers) Latest Update

A licensee cannot live more than _____ from the firm office? - 50 miles A licensee may lose his license for failing to furnish a *copy *of any listing, sales, lease or other contract of a real estate transaction to all parties involved *right after they have signed*. True or false - True. Copies of documents must be given right after they are signed A principal broker can be *part- time* as long as they don't have sales people under them. True or false - true A principal broker must be av...

What year did the state enact the Tennessee real estate Broker License Act? correct answer: 1973 What is the purpose of the Tennessee real estate broker license Act? correct answer: to create rules for real estate professionals to protect the public against harmful actions by licenses What does TREC stand for? correct answer: Tennessee real estate commission aka the commission What does the TREC (the commission) do? correct answer: -Administer and enforce laws regarding licensed rea...