Tn affiliate broker exam Study guides, Class notes & Summaries

real estate Tennessee State Exam Questions And Answers, Over 200 Questions And Answers, Complete Solution 2023 What is the name of the Tennessee real estate regulatory body? a) Division of the Tennessee Real Estate B) Tennessee Real Estate Commission C) Board of Real Estate Regulators D) Tennessee Real Estate Board B How many members are on the Tennessee Real Estate Commission? A) 10 B) 9 C) 5 D) 15 B How many years may they serve? a) 3 years b) 5 years c) 6 years d) 4 years ...

Which of the following is a violation of federal fair housing law? A) A landlord refuses to rent to anyone under the age of 30. B) A private homeowner advertises a private house share using the phrase: "No minorities." C) private homeowner lives in a duplex and won't rent the other half to a pregnant woman. D) private homeowner lives in a triplex and won't rent one of the units to a family. A private homeowner advertises a private house share using the phrase: "No minorities." ...

1. The fewer properties on the market, the greater the scarcity. What's the effect on prices? Prices are pushed upward 1. Frank owns a property on which there is walkway to the beach shared by his neighbors on either side. What is Frank's property? · Servient estate 1. Simon is looking for a facility for a large grocery distribution operation. He found two options, one of which is offering him a triple net lease, and the other an absolute net lease. Why is his attorney arguing...

PSI TN (State) Exam Questions and Answers (Graded A) PSI TN (State) Exam Questions and Answers (Graded A) PSI TN (State) Exam Questions and Answers (Graded A) What is the purpose of an escrow account? - ANSWER-Keep money that doesn't belong to you SEPARATE from personal account/money Who is responsible for looking after Escrow Accounts for property? - ANSWER-Broker Another name for Escrow Money (earnest money, security deposits) is_________? - ANSWER-Trust Money When a Broker ge...

1. Tim, a Tennessee licensee, is affiliated with principal broker Ashton. After a team meeting, Tim asked him "Why do we need to keep purchase documents and closing statements?" Ashton's response should be ______. "Tennessee law requires I keep records relating to any real estate transaction or else risk my license being revoked." 1. As part of her license renewal requirement, Tamsin must complete 16 hours of continuing education. What type of license does she hold? Affiliate broke...

TN Real Estate Exam Questions And Answers, Over 250 Questions And Correct Answers 2023 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...

Real Estate TN Broker Exam 2023-2024 Questions and Answers 100% Correct Real Estate TN Broker Exam 2023-2024 Questions and Answers 100% Correct Real Estate TN Broker Exam 2023-2024 Questions and Answers 100% Correct Real Estate TN Broker Exam 2023-2024 Questions and Answers 100% Correct What year was the Real Estate Commision for TN formed? - ANSWER-1951 Licenses, registers and regulates real estate brokers and affiliate brokers, real estate firms, rental location agents, time-s...

Which of the following is legal advertising on a sign? "For rent by owner/agent, 555-1234," on a building owned, but not listed, by a broker. Affiliate broker Bird has been licensed for at least two years. He has just passed the state broker examination and would like to apply for a broker's license. In order to meet the requirements, he must include which of the following with his application? Proof of satisfactory completion of 120 classroom hours approved by the Commission. ...

TN Real Estate State Practice Exam Questions and Answers 100% CorrectTN Real Estate State Practice Exam Questions and Answers 100% CorrectTN Real Estate State Practice Exam Questions and Answers 100% CorrectTN Real Estate State Practice Exam Questions and Answers 100% Correct 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? - ANSWER-One in each, West, middle, east division Gideon is p...

TN Real Estate Exam Questions and Answers 100% Pass a broker or affiliate broker may perform all of the following in preparation for the closing EXCEPT coordinate inspections and deliver documents and escrow monies to the appropriate attorney 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 may conduct the closing an aggrieved person is awarded a judgment against a re...