Tennessee real estate - Study guides, Class notes & Summaries

Tennessee National Portion REAL ESTATE EXAM Latest 2024 Graded A+ A corporation is - Answer ️️ -a legal entity that can buy and sell real estate as set out in its charter. Ownership in severalty is - Answer ️️ -property owned by one individual or corporation. A house is owned by three joint tenants, and one of the owners, as permitted by state law, sells that interest to a new owner. The result is a - Answer ️️ -tenancy in common between the new owner and the remaining joint t...

Version 1 1 McGraw-Hill's Taxation of Individuals and Business Entities 2023 Edition 14th Edition by Brian Spilker Benjamin Ayers John Barrick Troy Lewis John Robinson Version 1 2 TRUE/FALSE - Write 'T' if the statement is true and 'F' if the statement is false. 1) Taxes influence many types of business decisions but generally do not influence personal decisions. ⊚ true ⊚ false 2) Taxes influence business decisions such as where a business should locate or how a business should...

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...

An affiliate broker can legally start working with their broker when: A. They receive notification of a passing grade on license test B. The recovery fund fee is paid C. The applicant requests a hearing before the Real Estate Commission D. The affiliate broker's license has been issued. correct answer: D. The affiliate broker's license has been issued All of the following are true concerning the Tennessee Real Estate Education & Recovery Account EXCEPT: A. All affiliate brokers an...

TENNESSEE NATIONAL PORTION REAL ESTATE EXAM COMPLETE QUESTIONS AND ANSWERS 100% CORRECT | NEW UPDATE 2024

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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 ins...

Tennessee (state exam) Real Estate Questions and Answers 2024/2025 with complete solution

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