Tennessee real estate - Study guides, Class notes & Summaries

Tennessee Real Estate Exam Prep Questions and Answers

What is a Commission policy statement? An occasional amplification that becomes part of the rules The License Act Empowers the Real Estate Commission to make whatever rules and regulations are necessary to carry out its duties Rules of the Tennessee Real Estate Commission Licensing Rules of Conduct Rental Location Agents Rules of Procedure for Hearing Contested Cases Educational Requirements Time-share Programs The Tennessee Real Estate laws and regulations are conta...

Real Estate License - Tennessee

A $2,400 term loan has a 10% annual interest rate. What is the monthly payment? - $20. A term loan is interest only. $2,400 × 0.10 = $240 240 ÷ 12 = $20 per month A 15-year-old boy recently inherited many parcels of real estate from his late father and has decided to sell one of them. If the boy enters into a deed conveying his interest in the property to a purchaser, such a conveyance would be - voidable A 50-year-old commercial building is located in the center of a 10-year-old reside...

Tennessee National Portion REAL ESTATE EXAM Questions and answers latest update

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 ...

Tennessee Real Estate

What action should the seller take when an offer is rejected? Make a formal counter offer. Complete a contract rider. Complete an addendum. Note the rejection on the offer. Note the rejection on the offer. Which of the following requires a written contract? The purchase of a TV for $378.00 A real estate lease for a term less than one year A real estate lease for a term longer than one year A potential buyer visiting an open house showing A real estate lease for a term longer...

Tennessee License Law Questions and Answers Already Passed The Human Rights Act exists to ensure that federal civil rights laws are carried out. What are the primary sources of laws and regulations governing real estate licensees in Tennessee? The Tennessee Real Estate License Act and the Commission rules. Which of the following is a section in the License Act? Qualifications and licensing What is a Commission policy statement? An occasional amplification that becomes part of th...

What year was the Real Estate Commission 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 Commission Who enacts rules addressing professional conduct and standards of practice. - Tennessee Real Estate Commission The mission is to protect the public through establishment a...