Tennessee License Law
Tennessee requires real estate licensees to disclose their license status when placing an advertisement. This prevents:
ALicensees from buying investment properties
BConsumers from being misled into thinking they are dealing with an ordinary private seller✓ Correct
CLicensees from pricing properties too low
DTREC from regulating Internet advertising
Explanation
Disclosure of licensed status in advertising ensures that consumers know they are dealing with a real estate professional, not a private individual. This transparency allows consumers to make informed decisions about the transaction.
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