1 of 79
Term
If you practice as a broker, affiliate broker, timeshare sales person
without a license it is considered a_________?
Give this one a try later!
Misdemeanor Civil Violation
, Felony Administrative Penalty
Don't know?
2 of 79
Term
A licensee may lose his license for failing to furnish a copy of any
listing, sales, lease or other contract of a real estate transaction to all
parties involved right after they have signed. True or false
Give this one a try later!
Agreement between 2 or more
parties who, in a "meeting of the
Governor
minds" have pledged to perform or
refrain from performing some act
True. Copies of documents
must be given right after they The commission
are signed
Don't know?
3 of 79
Term
,The commission members need to be _______of the state and shall
possess_____________.
Give this one a try later!
Resident Resident
Good moral character professional experience
Non-resident No criminal record Protect the public
Don't know?
4 of 79
Term
How often does the commission meet?
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9 Members, 3 from each grand
5 years
division of the state
Once a month for 2 to 3 days
The commission will make you give it
back plus treble damages (3x)
NO MORE THAN 3 DAYS!!!!!
, Don't know?
5 of 79
Term
Are net listings legal in Tennessee?
Give this one a try later!
Yes, but only for commercial
Yes, it is allowed with Restrictions
Properties
No it is illegal in Tennessee No, but it is regulated by the state
Don't know?
6 of 79
Term
How long is the affiliate license good for?
Give this one a try later!
2 years 1 year
Term
If you practice as a broker, affiliate broker, timeshare sales person
without a license it is considered a_________?
Give this one a try later!
Misdemeanor Civil Violation
, Felony Administrative Penalty
Don't know?
2 of 79
Term
A licensee may lose his license for failing to furnish a copy of any
listing, sales, lease or other contract of a real estate transaction to all
parties involved right after they have signed. True or false
Give this one a try later!
Agreement between 2 or more
parties who, in a "meeting of the
Governor
minds" have pledged to perform or
refrain from performing some act
True. Copies of documents
must be given right after they The commission
are signed
Don't know?
3 of 79
Term
,The commission members need to be _______of the state and shall
possess_____________.
Give this one a try later!
Resident Resident
Good moral character professional experience
Non-resident No criminal record Protect the public
Don't know?
4 of 79
Term
How often does the commission meet?
Give this one a try later!
9 Members, 3 from each grand
5 years
division of the state
Once a month for 2 to 3 days
The commission will make you give it
back plus treble damages (3x)
NO MORE THAN 3 DAYS!!!!!
, Don't know?
5 of 79
Term
Are net listings legal in Tennessee?
Give this one a try later!
Yes, but only for commercial
Yes, it is allowed with Restrictions
Properties
No it is illegal in Tennessee No, but it is regulated by the state
Don't know?
6 of 79
Term
How long is the affiliate license good for?
Give this one a try later!
2 years 1 year
