Quizzes & Verified Answers, 2025 |
Quiz_________________?
- A licensee must allow the director of the Division of Regulatory Boards access to records
at the time of request.
at any reasonable time.
within 2 weeks of the request.
2 days after a formal written request -
Answer✅
at any reasonable time.
Quiz_________________?
- A licensee's license may be suspended or revoked if
the licensee informs the Commission of a change of address.
the licensee's principal broker declines to request the Commission to renew it.
a court rules that a licensee's actions have injured a complaining party.
1
, the licensee asks the Commission to settle a commission dispute with his broker. -
Answer✅
a court rules that a licensee's actions have injured a complaining party.
Quiz_________________?
- A Tennessee licensee who holds a nonresident license issued in another state must file
copies of the license
with the office manager the Real Estate Board.
with the owner broker and the Tax Commission.
with the principal firm and the MLS office.
with the principal broker and the Real Estate Commission. -
Answer✅
with the principal broker and the Real Estate Commission.
Quiz_________________?
- If a licensee wants to use a trade name on transaction-related documents, what
information must be clearly indicated?
The franchise owner's name and address
That the office is independently owned and operated
A description of the real estate services offered
That the trade name is a registered DBA -
Answer✅
That the office is independently owned and operated
2
, Quiz_________________?
- If the broker maintains more than one office within the state, there must be an additional
firm license for each such branch office and
each branch office must have at least one unlicensed support staff employee.
each branch office must have one office part-time supervisor.
each branch office must be under the supervision of a broker licensed at that address.
each branch office must have the same telephone number. -
Answer✅
each branch office must be under the supervision of a broker licensed at that address.
Quiz_________________?
- The real estate firm Weeks and Associates is registered with the Commission. What is
permissible on their signage?
Weeks and Associates Limited
Weeks and Associates
Weeks and Partners
Weeks Holding Company -
Answer✅
Weeks and Associates
Quiz_________________?
- What is a possible penalty for a licensee who advertises as a Realtor without being a
member of the National Association of Realtors?
3
, A fine levied by the National Association of Realtors
Suspension or revocation of license
Loss of continuing education credit
Banning from membership in all professional real estate associations -
Answer✅
Suspension or revocation of license
Quiz_________________?
A consumer bought a time-share without first making a walk-through inspection. How long
does she have to void the contract?
Three days after signing.
Ten days after signing.
Fifteen days after signing.
Fifteen days after making the inspection tour. -
Answer✅
Fifteen days after signing.
Quiz_________________?
A licensee may participate in a time-share transaction only if
he or she has a special time-share license.
the time-share project does not have its own principal broker.
his or her firm is affiliated with a registered time-share project.
4