TENNESSEE LICENSE LAW CORE EXAMS SET 2026/2027
QUESTIONS AND SOLUTIONS RATED A+
✔✔Which law regulates the sale and promotion of vacation clubs?
The Summer Act of 1967
The Tennessee Vacation Club Act of 1995
The Lake and Stream Act of 1995
The Vacations Act of 1988 - ✔✔The Tennessee Vacation Club Act of 1995
✔✔Which of the following is a section in the License Act?
Obtaining listings
Office management
Selling and marketing
Qualifications and licensing - ✔✔Qualifications and licensing
✔✔The Human Rights Act exists to ensure that - ✔✔federal civil rights laws are carried
out.
✔✔In addition to the License Act and the Rules, what does the official manual contain?
- ✔✔The Tennessee Human Rights Act
✔✔What is the overall purpose of the Tennessee Broker License Act? - ✔✔To protect
the public from irresponsible or unscrupulous people in the real estate business
✔✔Who makes and changes the Commission rules? - ✔✔The Commission
✔✔What are two laws that are particularly relevant to real estate licensees? - ✔✔The
Consumer Protection Act and the Anti-Trust Law
✔✔What are the primary sources of laws and regulations governing real estate
licensees in Tennessee? - ✔✔The Tennessee Real Estate License Act and the
Commission rules.
✔✔Who makes and changes the laws in the License Act? - ✔✔The state legislature
✔✔What is a Commission policy statement? - ✔✔An occasional amplification that
becomes part of the rules
✔✔What can the Commission do to stop an unlicensed person from acting as if
licensed? - ✔✔Petition a court to make the individual stop.
✔✔A person who acts as a broker without a broker's license has committed what type
of crime? - ✔✔has committed a Class B misdemeanor.
QUESTIONS AND SOLUTIONS RATED A+
✔✔Which law regulates the sale and promotion of vacation clubs?
The Summer Act of 1967
The Tennessee Vacation Club Act of 1995
The Lake and Stream Act of 1995
The Vacations Act of 1988 - ✔✔The Tennessee Vacation Club Act of 1995
✔✔Which of the following is a section in the License Act?
Obtaining listings
Office management
Selling and marketing
Qualifications and licensing - ✔✔Qualifications and licensing
✔✔The Human Rights Act exists to ensure that - ✔✔federal civil rights laws are carried
out.
✔✔In addition to the License Act and the Rules, what does the official manual contain?
- ✔✔The Tennessee Human Rights Act
✔✔What is the overall purpose of the Tennessee Broker License Act? - ✔✔To protect
the public from irresponsible or unscrupulous people in the real estate business
✔✔Who makes and changes the Commission rules? - ✔✔The Commission
✔✔What are two laws that are particularly relevant to real estate licensees? - ✔✔The
Consumer Protection Act and the Anti-Trust Law
✔✔What are the primary sources of laws and regulations governing real estate
licensees in Tennessee? - ✔✔The Tennessee Real Estate License Act and the
Commission rules.
✔✔Who makes and changes the laws in the License Act? - ✔✔The state legislature
✔✔What is a Commission policy statement? - ✔✔An occasional amplification that
becomes part of the rules
✔✔What can the Commission do to stop an unlicensed person from acting as if
licensed? - ✔✔Petition a court to make the individual stop.
✔✔A person who acts as a broker without a broker's license has committed what type
of crime? - ✔✔has committed a Class B misdemeanor.
