Tennessee Real Estate Principles Units 1-5 questions with correct answers

A licensee is a person who has satisfied the requirements of the employing broker. True or False - Answer False Improvements, such as water lines and storm sewers, made on public lands to serve a new development are called off-site improvements True or False - Answer True residential - Answer all property used for single-family or multifamily housing, whether in urban, suburban, or rural areas commercial - Answer business property, including office space, shopping centers, stores, theaters, hotels, and parking facilities mixed-use - Answer property that allows for two or more commercial and residential uses in the same building; industrial - Answer warehouses, factories, land in industrial districts, and power plants agricultural - Answer farms, timberland, ranches, and orchards;