TENNESSEE REAL ESTATE FINAL PAPER QUESTIONS AND
ANSWERS GUARANTEE A+ 2025/2026
✔✔Facilitator - ✔✔non agency - provides non agency assistance to the buyer, seller or
both
✔✔Sellers property disclosure requirements in TN... - ✔✔Sellers of single family
residential real properties that include 4 or less single family units must provide
disclosure
✔✔Adverse fact - ✔✔conditions or occurrences generally recognized by competent
licensees that significantly reduce the structural integrity of improvements to real
property, or present a significant health risk to occupants of the property.
✔✔One type of property that doesn't need a property disclosure - ✔✔New construction
home if builder warranty is provided
✔✔Designated agency allows - ✔✔the chosen licensee to function as the advocate for
one client when the other party in the same transaction is represented by someone in
the same firm
✔✔Facilitator is any licensee who - ✔✔assists one or more unrepresented transaction
parties
✔✔If the licensee or someone associated with the licensee also represents another
party to the same transaction - ✔✔the licensee will default to a facilitator to avoid dual
agency
✔✔Dual agency is or is not legal in TN? - ✔✔Legal as long as its fully disclosed and all
parties consent
But is rarely offered or practiced
✔✔Options licensees can take to avoid dual agency? - ✔✔Default to facilitator status
Offer designated agency to avoid dual agency and work with another licensee in the
same brokerage
A broker can assign a new designated agent for a client if the client's existing
designated agent faces dual agency
✔✔Annexation - ✔✔process of converting personal property to real property
✔✔5 basic tests to determine if an item is a fixture or personal property - ✔✔M-Method
of annexation
A-Adaptability for use
R-Relationship of the parties (courts favor tenants/buyers over landlord/sellers)
, I-Intention in placing
A-Agreement of the parties
✔✔Severance - ✔✔Fixtures that are removed from the improvement before an
agreement of sale become personal property again through severance
✔✔Three primary types of legal descriptions are... - ✔✔metes and bounds, lot and
block (also known as recorded plat), and rectangular government survey system
(RGSS).
✔✔Metes and Bounds - ✔✔Direction and distance and physical features that define
boundaries
Point of beginning
Monuments to mark boundaries
✔✔Lot and Block - ✔✔Begins with a reference to either metes and bounds or
Rectangular Survey
Then they divide land into lots with numerical descriptions of each parcel
Lot 6 of block 3 of the E subdivision plat as recorded in Map Book 18
✔✔Government Survey Rectangular Survey - ✔✔Divides land into TOWNSHIPS and
further into SECTIONS and FRACTIONS.
PRINCIPAL MERIDIAN is N/S line that runs through an initial point
BASE LINE is E/W
✔✔Principal Meridian - ✔✔Runs North and South
✔✔Base Lines - ✔✔Runs East and West
✔✔Township lines - ✔✔East-west lines of a survey
✔✔Range lines - ✔✔north-south lines
✔✔Every township is... - ✔✔6 miles square or 36 square miles
✔✔Every section is - ✔✔one square mile, which is also one mile squared
✔✔One square yard = - ✔✔Nine square feet
✔✔One acre = - ✔✔43,560 square feet
✔✔One mile = - ✔✔5,280 linear feet
✔✔One hectare = - ✔✔2.47 acres
ANSWERS GUARANTEE A+ 2025/2026
✔✔Facilitator - ✔✔non agency - provides non agency assistance to the buyer, seller or
both
✔✔Sellers property disclosure requirements in TN... - ✔✔Sellers of single family
residential real properties that include 4 or less single family units must provide
disclosure
✔✔Adverse fact - ✔✔conditions or occurrences generally recognized by competent
licensees that significantly reduce the structural integrity of improvements to real
property, or present a significant health risk to occupants of the property.
✔✔One type of property that doesn't need a property disclosure - ✔✔New construction
home if builder warranty is provided
✔✔Designated agency allows - ✔✔the chosen licensee to function as the advocate for
one client when the other party in the same transaction is represented by someone in
the same firm
✔✔Facilitator is any licensee who - ✔✔assists one or more unrepresented transaction
parties
✔✔If the licensee or someone associated with the licensee also represents another
party to the same transaction - ✔✔the licensee will default to a facilitator to avoid dual
agency
✔✔Dual agency is or is not legal in TN? - ✔✔Legal as long as its fully disclosed and all
parties consent
But is rarely offered or practiced
✔✔Options licensees can take to avoid dual agency? - ✔✔Default to facilitator status
Offer designated agency to avoid dual agency and work with another licensee in the
same brokerage
A broker can assign a new designated agent for a client if the client's existing
designated agent faces dual agency
✔✔Annexation - ✔✔process of converting personal property to real property
✔✔5 basic tests to determine if an item is a fixture or personal property - ✔✔M-Method
of annexation
A-Adaptability for use
R-Relationship of the parties (courts favor tenants/buyers over landlord/sellers)
, I-Intention in placing
A-Agreement of the parties
✔✔Severance - ✔✔Fixtures that are removed from the improvement before an
agreement of sale become personal property again through severance
✔✔Three primary types of legal descriptions are... - ✔✔metes and bounds, lot and
block (also known as recorded plat), and rectangular government survey system
(RGSS).
✔✔Metes and Bounds - ✔✔Direction and distance and physical features that define
boundaries
Point of beginning
Monuments to mark boundaries
✔✔Lot and Block - ✔✔Begins with a reference to either metes and bounds or
Rectangular Survey
Then they divide land into lots with numerical descriptions of each parcel
Lot 6 of block 3 of the E subdivision plat as recorded in Map Book 18
✔✔Government Survey Rectangular Survey - ✔✔Divides land into TOWNSHIPS and
further into SECTIONS and FRACTIONS.
PRINCIPAL MERIDIAN is N/S line that runs through an initial point
BASE LINE is E/W
✔✔Principal Meridian - ✔✔Runs North and South
✔✔Base Lines - ✔✔Runs East and West
✔✔Township lines - ✔✔East-west lines of a survey
✔✔Range lines - ✔✔north-south lines
✔✔Every township is... - ✔✔6 miles square or 36 square miles
✔✔Every section is - ✔✔one square mile, which is also one mile squared
✔✔One square yard = - ✔✔Nine square feet
✔✔One acre = - ✔✔43,560 square feet
✔✔One mile = - ✔✔5,280 linear feet
✔✔One hectare = - ✔✔2.47 acres
