TN Real Estate Exam Prep – State Practice
Questions.
is a true state- ment?
3. A principal broker in
Tennessee is re-
quired to for all
transactions in
which affiliated
licensees participate.
4. How many members
of TREC are li-
censed real estate
brokers or affiliate
brokers in
Tennessee?
1. TREC can hold as many
meetings as it deems necessary
throughout the year, but it must
have a minimum of three
meetings. Where must these
meetings take place?
2. Gideon is planning to run a full-
page ad in the Knoxville
newspaper to promote his open
house in two weeks. He'll be
offering a free overnight stay at
a local resort to the winner of the
door prize. Which of the following
, TN Real Estate Exam Prep – State Practice
Questions.
One in each, West, middle, east division
Review and approve transactional
documents and agreements
Gideon's ad must clearly state the value and all
qualifications and accurate specifications of the prize.
7
5. Ralph is a broker whose license was sus- Ralph either knew about the
violation or is
pended when one of his affiliated bro- guilty of failure to supervise
kers committed a violation. This is
mostly likely because
6. Mike is applying for an affiliate broker li- The applicant must pass the national
and state cense. What type of written examination exams with a score of
70% or greater. requirement does this type of license
have?
7.
, TN Real Estate Exam Prep – State Practice
Questions.
Deborah, a sponsoring broker, is re- All aflliate brokers, both independent
contrac-
quired to display the licenses of . tors and employees
8. Who's entitled to reimbursement A member of the public who's been
from the Real Estate Education and granted a judgment against a licensee
Recovery Account?
9. Which of these must Tennessee
Immediate family relationships
li- censees disclose relative to
specific real estate transactions
handled by their bro- kerages?
10. Which violation is likely to result
in li- cense revocation? Criminal actions
11. Ted and Tanya, Tennessee
buyers, are represented by Brooke No. Earnest money needs to be able to
Sales. They want to make an offer be deposited immediately, so a post-dated
on a home and give Brooke a check won't work.
check for $5,000 for earnest
money. The check is post-dated
for a week. Ted explains, "We have
the money, but I need to shuffle a
few things around before this check
is good." Can Ted and Tanya do
this?
12. Which of the following statements is true A definite termination date must
be included.
regarding the termination date of a
list- ing agreement or sales
contract in Ten- nessee?
13. In addition to a firm real estate license and a principal
, TN Real Estate Exam Prep – State Practice
Questions.
broker, what else must A physical location and facility that can ade-
quately accommodate aflliated licensees
Questions.
is a true state- ment?
3. A principal broker in
Tennessee is re-
quired to for all
transactions in
which affiliated
licensees participate.
4. How many members
of TREC are li-
censed real estate
brokers or affiliate
brokers in
Tennessee?
1. TREC can hold as many
meetings as it deems necessary
throughout the year, but it must
have a minimum of three
meetings. Where must these
meetings take place?
2. Gideon is planning to run a full-
page ad in the Knoxville
newspaper to promote his open
house in two weeks. He'll be
offering a free overnight stay at
a local resort to the winner of the
door prize. Which of the following
, TN Real Estate Exam Prep – State Practice
Questions.
One in each, West, middle, east division
Review and approve transactional
documents and agreements
Gideon's ad must clearly state the value and all
qualifications and accurate specifications of the prize.
7
5. Ralph is a broker whose license was sus- Ralph either knew about the
violation or is
pended when one of his affiliated bro- guilty of failure to supervise
kers committed a violation. This is
mostly likely because
6. Mike is applying for an affiliate broker li- The applicant must pass the national
and state cense. What type of written examination exams with a score of
70% or greater. requirement does this type of license
have?
7.
, TN Real Estate Exam Prep – State Practice
Questions.
Deborah, a sponsoring broker, is re- All aflliate brokers, both independent
contrac-
quired to display the licenses of . tors and employees
8. Who's entitled to reimbursement A member of the public who's been
from the Real Estate Education and granted a judgment against a licensee
Recovery Account?
9. Which of these must Tennessee
Immediate family relationships
li- censees disclose relative to
specific real estate transactions
handled by their bro- kerages?
10. Which violation is likely to result
in li- cense revocation? Criminal actions
11. Ted and Tanya, Tennessee
buyers, are represented by Brooke No. Earnest money needs to be able to
Sales. They want to make an offer be deposited immediately, so a post-dated
on a home and give Brooke a check won't work.
check for $5,000 for earnest
money. The check is post-dated
for a week. Ted explains, "We have
the money, but I need to shuffle a
few things around before this check
is good." Can Ted and Tanya do
this?
12. Which of the following statements is true A definite termination date must
be included.
regarding the termination date of a
list- ing agreement or sales
contract in Ten- nessee?
13. In addition to a firm real estate license and a principal
, TN Real Estate Exam Prep – State Practice
Questions.
broker, what else must A physical location and facility that can ade-
quately accommodate aflliated licensees
