Tennessee License Law
Under Tennessee license law, a principal broker must supervise all licensees affiliated with their firm. This supervisory responsibility includes:
APersonally reviewing every transaction before closing
BEstablishing office policies, reviewing contracts, and ensuring compliance with license law✓ Correct
CAttending all showings with affiliate brokers
DCo-signing all agency disclosure forms
Explanation
A Tennessee principal broker's supervisory responsibility includes establishing office policies and procedures, reviewing transactions for compliance, training affiliate brokers, and ensuring all licensed activity in the firm complies with Tennessee law and TREC rules.
Related Tennessee Tennessee License Law Questions
- When must a Tennessee licensee present the agency disclosure form if a potential buyer calls about a listed property?
- How long does a Tennessee real estate affiliate broker license remain valid before renewal?
- An affiliate broker operating as an independent contractor under a principal broker:
- A Tennessee real estate license applicant must be at least how old?
- Under Tennessee license law, a licensee who knowingly makes a substantial misrepresentation may face:
- A Tennessee principal broker is responsible for:
- The Tennessee real estate affiliate broker licensing exam consists of how many questions?
- An affiliate broker who receives a complaint from a client should first:
Practice More Tennessee Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Tennessee Quiz →