Tennessee License Law
A licensee in Tennessee who wishes to operate as an independent contractor under a principal broker:
ANeeds TREC approval of their independent contractor agreement
BMust still maintain their license under the principal broker's supervision✓ Correct
CMay conduct business without the principal broker's oversight once the agreement is signed
DIs exempt from continuing education requirements
Explanation
Even if an affiliate broker operates as an independent contractor for tax purposes, they must maintain their Tennessee real estate license under a principal broker and remain subject to the broker's supervision under Tennessee license law.
Related Tennessee Tennessee License Law Questions
- In Tennessee, TREC may place a licensee's license on 'inactive status' when:
- In Tennessee, which of the following is exempt from real estate licensing requirements?
- In Tennessee, a real estate license applicant with a prior criminal record may still be eligible for a license if:
- In Tennessee, a licensee who wants to operate as an independent contractor (not an employee) of their principal broker must:
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- Under Tennessee license law, a licensee must notify TREC within how many days of a criminal conviction?
- Which Tennessee statute established the licensing requirements for real estate brokers and affiliate brokers?
- In Tennessee, a real estate licensee must carry errors and omissions (E&O) insurance because it:
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