Tennessee License Law
Which Tennessee license category is authorized to independently manage a real estate brokerage?
AAffiliate broker
BPrincipal broker✓ Correct
CRestricted affiliate broker
DAssociate broker
Explanation
Only a licensed principal broker may independently operate and manage a Tennessee real estate brokerage. Affiliate brokers must be supervised by a principal broker.
Related Tennessee Tennessee License Law Questions
- A Tennessee principal broker who opens a new branch office must:
- Under Tennessee license law, 'earnest money' must be deposited in a trust account that is:
- When a Tennessee licensee receives a written offer on a listed property, they must present it to the seller:
- A Tennessee real estate licensee who operates a property management company under a trade name must:
- A Tennessee real estate license applicant who has been convicted of a felony must disclose this on the application. TREC will:
- A Tennessee affiliate broker who wants to become a principal broker must complete how many additional hours of education?
- Commingling, as defined under Tennessee license law, means:
- A licensee who engages in 'net listing' in Tennessee should be aware that:
Practice More Tennessee Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Tennessee Quiz →