Property Management
A Tennessee property manager who embezzles funds from a managed property may face:
AOnly a civil lawsuit from the property owner
BCriminal charges, civil liability, and loss of real estate license✓ Correct
COnly a TREC fine
DOnly a 30-day license suspension
Explanation
Embezzlement of property funds exposes a Tennessee property manager to criminal prosecution, civil liability to the owner, and TREC disciplinary action including license revocation.
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