COMPREHENSIVE EXAM PREP, PRACTICE
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, The terms of the _______ determine who receives the earnest contract
money.
Woody wanted to work for the new broker in town, so he filed They remain with Woody's original broker, unless the broker agrees to other
the paperwork necessary to affiliate with a new broker. What arrangements in writing.
will happen to his three listings and two buyer clients?
Who's entitled to reimbursement from the Real Estate A member of the public who's been granted a judgment against a licensee
Education and Recovery Account?
Ralph is a broker whose license was suspended when one of Ralph either knew about the violation or is guilty of failure to supervise
his affiliated brokers committed a violation. This is mostly likely
because ______.
What are the requirements for advertising real estate in You must make it clear you are a real estate agent;
Tennessee? Your managing broker's information must also be included;
The firm's name and phone number must be placed in the ad (you can include yours as
well);
Everything must be honest and nothing can be misleading or deceptive.
Two members of the Tennessee Real Estate Commission, Barb They don't live in the same part of the state
and Jeff, represent the public at large. Besides not being real
estate licensees, what else do we know about Barb and Jeff?
Tamara is assisting a buyer who's making an offer on her Undisclosed dual agency
client's listing. Tamara and the buyer develop a good rapport,
and in her desire to be helpful, Tamara offers the buyer advice
about how to structure her offer. What does Tamara risk being
charged with?
A Tennessee license expired more than 120 days but less than $100 per 30 day period
one year due to failure to comply will be subject to an
additional penalty fee of ______ .
How many hours of continuing education must you complete 16 hours
to renew your license for another two years?