Real Estate TN Broker Exam questions with correct answers

What year was the Real Estate Commision for TN formed? - Answer 1951 Licenses, registers and regulates real estate brokers and affiliate brokers, real estate firms, rental location agents, time-share salespersons and developments, vacation clubs and vacation lodging services. - Answer Responsibilities of the TN Real Estate Commision Who enacts rules addressing professional conduct and standards of practice. - Answer Tennessee Real Estate Commision The mission is to protect the public through establishment and administration of ________ ________ _______ _____ ______ _______, effective professional education of licensees and enforcement of professional conduct. - Answer minimum requirements for candidates and licensees Persons and Disputes Not Within the Commission's Jurisdiction - Answer A. Cannot decide on Zoning Issues; B. Commission Disputes; C. Associate Disputes; D. Inspection or Survey Issues How many members are there on the Tennessee Real Estate Commission? - Answer 9 Amount of money to reinstate an expired license. - Answer $1,500 An ad by a licensee that fails to identify the licensee as a professional real estate agent. - Answer Blind Ad Who can file a complaint against a real estate agent. - Answer Any person may file a complaint for unlicensed activity where such activity requires licensure by law. Can the RE Commission recover or order the refund of any money or property to which you may be entitled. - Answer No How does one recover the refund of money or property to which one may be entitled. - Answer You must institute a civil lawsuit for this purpose and hire your own legal counsel, if necessary. In certain instances, a judge can revoke or suspend the license of the person against whom you are complai