Tennessee License Law
Under Tennessee license law, a broker who operates without a required license is subject to:
AOnly a civil fine of up to $500
BCriminal penalties and inability to collect a commission✓ Correct
CA 30-day suspension only
DMandatory mediation
Explanation
Unlicensed real estate activity in Tennessee is a criminal offense. Additionally, an unlicensed person cannot legally collect a commission for real estate brokerage services.
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