Tennessee License Law
In Tennessee, a licensee who wants to operate as an independent contractor (not an employee) of their principal broker must:
AObtain a separate independent contractor license from TREC
BHave a written independent contractor agreement with the principal broker specifying the relationship✓ Correct
CPay all self-employment taxes and be listed as a sole proprietor with TREC
DWork a minimum of 40 hours per week
Explanation
Tennessee licensees frequently work as independent contractors under their principal brokers. A written independent contractor agreement is essential to define the relationship, compensation, and responsibilities.
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