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Tennessee Timeshare Final Paper 2026 Solved Items Accurate Marking

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TENNESSEE TIMESHARE FINAL PAPER 2026 SOLVED ITEMS ACCURATE MARKING

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TENNESSEE TIMESHARE FINAL PAPER 2026
SOLVED ITEMS ACCURATE MARKING

◉ Transfer to new firm fee. Answer: $25


◉ Change of status to RETIRED status fee. Answer: $25


◉ Change of status to ACTIVE status fee. Answer: $25


◉ Change of licensee name fee. Answer: $10


◉ Change your address fee. Answer: NO CHARGE


◉ Change of firm name fee. Answer: $10 per form-one form per
licensee


◉ Change of firm address fee. Answer: $50


◉ Broker Change fee. Answer: $25


◉ What is the Tennessee Real Estate Commission?. Answer: The
judicial body of the real estate industry in the state of Tennessee.

,9 members: 3 from each grand division of the state
7 members from real estate industry
2 members from the general public


◉ Term of Service for the Executive director of Real Estate
Commission appointment?. Answer: 4 years


◉ Term of Service for Commissioners of Real Estate commission
appointment?. Answer: 5 years


◉ Term of Service for Commissioners on TN Human Rights
Commission Appointment. Answer: 6 years


◉ Who makes rules and regulations and enforces them?. Answer:
The Commission


◉ Who adopts, amends, and repeals rules, regulations and issue
orders consistent with their objectives and the law?. Answer: The
Commission


◉ Who may prescribe forms and procedures for submitting info to
the commission?. Answer: The commission

, ◉ Who may accept grants to further their purpose?. Answer: The
commission


◉ Who may cooperate with agencies performing similar functions in
other jurisdictions to develop uniform procedures and standard?.
Answer: The commison


◉ Who may have private investigations within or outside the state?.
Answer: The commission


◉ Who shall have the power to suspend or revoke the license of a
firm, agent, or the registration of a developer or fine same
accordingly?. Answer: The commission


◉ Who may issue a cease and desist order if a developer has not
registered a timeshare program?. Answer: The commission


◉ Who may, after notice and hearing, revoke the registration of a
timeshare development upon determination that a developer or
agent of a developer has failed to comply with a notice suspension?.
Answer: The commission


◉ The employees of the Tennessee Real Estate Commission are?.
Answer: The Executive Director
Full Time Director of Education w/ College Degree

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