Tennessee License Law
In Tennessee, the principal broker is personally responsible for the real estate activities of:
AOnly their own transactions
BAll affiliated affiliate brokers and other licensees working under their supervision✓ Correct
COnly the brokers in their firm with 5+ years of experience
DOnly the licensees they personally hired
Explanation
The principal broker bears supervisory responsibility for all affiliated licensees in their firm, including their compliance with Tennessee real estate laws and TREC rules.
Related Tennessee Tennessee License Law Questions
- In Tennessee, a real estate license can be obtained by a person who has met all of the following EXCEPT:
- The Tennessee Real Estate Commission meets on a regular basis primarily to:
- Which of the following activities is permitted without a real estate license in Tennessee?
- A Tennessee affiliate broker who wants to become a principal broker must complete how many additional hours of education?
- How long must a Tennessee principal broker retain transaction records?
- A Tennessee licensee who changes principal brokers must:
- A Tennessee affiliate broker may receive their real estate commission directly from:
- Under Tennessee law, the phrase 'for another' in the definition of real estate activities means:
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