TENNESSEE REAL ESTATE LICENSING
AND AGENCY REGULATIONS. EXAM
2025 QUESTIONS AND ANSWERS
Initial disclosure of agency - ANS Must be made to an unrepresented buyer or seller no later
than closing of the transaction, prior to providing any real estate services, prior to showing any
properties to a buyer or presenting an offer to the seller, before writing an offer.
Limited agent - ANS A client relationship between listing licensee and other licensees who
work with the other party to a transaction.
Subagent - ANS A client relationship where a licensee represents another party in a
transaction.
Dual agent - ANS A situation in which a licensee has agreement to represent and provide
services as the agent of more than one party in a specific transaction.
Facilitator - ANS A licensee who assists in a transaction without representing either party.
Broker license residency requirement - ANS Brandon must have resided in Tennessee for 60
days to be eligible.
Website information requirement - ANS Firm name and address, firm name and telephone
number, firm name and firm license number, firm name and state of licensure must be included
conspicuously on each page of the company website.
COPYRIGHT © 2025 THESTAR ALL RIGHTS RESERVED 1
, Affiliate brokers continuing education - ANS Must complete 16 hours of continuing
education, including a 6 hour core course, upon renewing for the first time.
Conveyance of real estate - ANS The forms of conveyance in Tennessee include general
warranty deed, quitclaim deed, deed in lieu of foreclosure, and deed of trust.
Agent duties to client - ANS An agent does not owe the duty of disclosing confidential
information obtained from the other party prior to the agent disclosing his or her agency status
unless waived.
Retired status of affiliate broker - ANS An affiliate broker in retired status may continue to
market properties listed by the licensee that were active at the time the license was placed on
retired status.
Mechanic's lien in Tennessee - ANS It must be filed within one year from when the work was
commenced.
Prime contractor's lien - ANS A prime contractor's lien continues for two years after
completion of improvement.
Affiliate broker sign requirement - ANS The broker's name must be included on the sign
along with the affiliate broker's name and phone number.
Residential Property Condition Disclosure - ANS Required for the transfer of a duplex sold by
owner without help of a real estate licensee.
Seller disclosure requirements - ANS A seller is not required to disclose the type of soil
present on the property.
COPYRIGHT © 2025 THESTAR ALL RIGHTS RESERVED 2
AND AGENCY REGULATIONS. EXAM
2025 QUESTIONS AND ANSWERS
Initial disclosure of agency - ANS Must be made to an unrepresented buyer or seller no later
than closing of the transaction, prior to providing any real estate services, prior to showing any
properties to a buyer or presenting an offer to the seller, before writing an offer.
Limited agent - ANS A client relationship between listing licensee and other licensees who
work with the other party to a transaction.
Subagent - ANS A client relationship where a licensee represents another party in a
transaction.
Dual agent - ANS A situation in which a licensee has agreement to represent and provide
services as the agent of more than one party in a specific transaction.
Facilitator - ANS A licensee who assists in a transaction without representing either party.
Broker license residency requirement - ANS Brandon must have resided in Tennessee for 60
days to be eligible.
Website information requirement - ANS Firm name and address, firm name and telephone
number, firm name and firm license number, firm name and state of licensure must be included
conspicuously on each page of the company website.
COPYRIGHT © 2025 THESTAR ALL RIGHTS RESERVED 1
, Affiliate brokers continuing education - ANS Must complete 16 hours of continuing
education, including a 6 hour core course, upon renewing for the first time.
Conveyance of real estate - ANS The forms of conveyance in Tennessee include general
warranty deed, quitclaim deed, deed in lieu of foreclosure, and deed of trust.
Agent duties to client - ANS An agent does not owe the duty of disclosing confidential
information obtained from the other party prior to the agent disclosing his or her agency status
unless waived.
Retired status of affiliate broker - ANS An affiliate broker in retired status may continue to
market properties listed by the licensee that were active at the time the license was placed on
retired status.
Mechanic's lien in Tennessee - ANS It must be filed within one year from when the work was
commenced.
Prime contractor's lien - ANS A prime contractor's lien continues for two years after
completion of improvement.
Affiliate broker sign requirement - ANS The broker's name must be included on the sign
along with the affiliate broker's name and phone number.
Residential Property Condition Disclosure - ANS Required for the transfer of a duplex sold by
owner without help of a real estate licensee.
Seller disclosure requirements - ANS A seller is not required to disclose the type of soil
present on the property.
COPYRIGHT © 2025 THESTAR ALL RIGHTS RESERVED 2
