Tn real estate exam Study guides, Class notes & Summaries

TN Real Estate Exam 2024 | 229 Actual Questions and Answers 100% Correct | New Update 2024 Rated A+

TN real estate exam prep Questions and Answers 100% Correct | New Update 2024

in accordance with TN law, transaction records should be maintained for a period of correct answer: Three years a type of listing illegal in TN correct answer: A net listing TN licensee Doug wants to advertise another brokers listing. whose permission must he have to do this correct answer: The property owner what is the minimum number of years that brokers in TN must keep records of escrow/trustee accounts correct answer: Three a principal broker in TN, has a legal responsibilit...

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? correct answer: One in each, West, middle, east division 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 is a true statement? correct answer: Gideon's ad must cl...

coordinate inspections and deliver documents and escrow monies to the appropriate attorney a broker or affiliate broker may perform all of the following in preparation for the closing EXCEPT may conduct the closing a broker decides he wants to conduct the closing on a all-cash sales of a property between his clients, the seller, and the buyer, his customer. with these parties, the broker receive up to $50K from the real estate education and recovery account for the full judgment ...

TN Real Estate Exam Questions And Answers, Over 250 Questions And Correct Answers 2024 Brokerage The business of bringing buyers and sellers together Agency The broker is hired by someone called the client to represent that client in negotiating contracts Independent Contract One who is not an employee-They are paid gross earnings and the broker does not subtract tax/S.S. from their earnings Law that passed to be treated as Independent Contractor TEFRA (Tax, Equity, Fiscal, Responsibil...

A Tennessee licensee must use the "Exclusive Right to Sell" form required by the licensee's broker. According to the level of authority delegated to the agent, the usual real estate agency is a limited agency. When must the contract be in writing? John is agreeing to sell his shed to Shawn for $1,000. One disadvantage in using active listings for comparables is they provide somewhat dubious comparisons because listing prices are not selling prices. Why is it sometimes necessary to inclu...

TN Real Estate Law-Pre-License Exam With 100% Correct Answers 2024

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? correct answer: One in each, West, middle, east division 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 is a true statement? correct answer: Gideon's ad must cl...

In accordance with TN law, transaction records should be maintained for a period of Three years A type of listing illegal in TN A net listing TN licensee Doug wants to advertise another brokers listing. Whose permission must he have to do this The property owner What is the minimum number of years that brokers in TN must keep records of escrow/trustee accounts Three A principal broker in TN, has a legal responsibility to review all of the following documents for accuracy and in a tim...