Tennessee License Law
TREC's Education, Research and Recovery Fund is used to:
AFund TREC's advertising campaigns
BReimburse consumers who suffer losses due to licensee misconduct✓ Correct
CPay for TREC staff salaries
DFund real estate education scholarships
Explanation
The Tennessee Real Estate Education and Recovery Account compensates consumers who have suffered financial losses caused by the fraudulent or dishonest conduct of a Tennessee licensee.
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