Tennessee real estate Study guides, Class notes & Summaries

Tennessee Real Estate Exam | 45 Questions and Answers 100% Correct | New Update 2024

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 ...

Tennessee Real Estate Commission (TREC) Exam Questions and Answers Latest GRADED A+.docx

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? - 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? - Gideon's ad must clearly state the value and al...

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...

Never Correct Answer: When is it legal for the commission to set real estate commisions? An unlicensed person who receives payment for performing an activity requiring licensure is liable for Correct Answer: Up to three times the amount of the payment received. How is the Real Estate Recovery Fund funded? Correct Answer: By fees paid by applicants for license and license renewal. What is the dollar limit of the additional license renewal fee that goes toward the Real Estate Fund? Corr...

Tennessee Real Estate Exam: Agency and Disclosure Issues

Tennessee Real Estate Exam 3 & 4 Questions and Answers 100% Correct | New Update 2024

Tennessee Real Estate Exam 2023/2024 Study Questions and Answers 100% AccurateTennessee Real Estate Exam 2023/2024 Study Questions and Answers 100% AccurateTennessee Real Estate Exam 2023/2024 Study Questions and Answers 100% AccurateTennessee Real Estate Exam 2023/2024 Study Questions and Answers 100% Accurate Lori has a greed to transact real estate business on behalf of alex with his permission. Lori is: - ANSWER-An Agent Ownership of REAL Property for an undetermined length of time is ca...