Tennessee Property Management
Practice Questions & Answers (2026)
Property management questions on the Tennessee exam cover both the practical aspects of managing rental properties and the landlord-tenant law specific to Tennessee. The Tennessee Real Estate Commission (TREC) tests security deposit limits, required notice periods for entry and termination, habitability standards, and the property manager's fiduciary duties. Tennessee's landlord-tenant law has specific provisions — including notice requirements and tenant protections — that differ from what national study materials cover. These questions often involve scenarios where a property manager must navigate competing obligations to the owner-client and the tenant.
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Tennessee Property Management — Practice Questions & Answers
110 questions on Property Management from the Tennessee real estate question bank. First 10 are free — sign up to unlock all 110.
Q1. In Tennessee, a property manager who collects rent and manages properties for others must hold:
Explanation
In Tennessee, property management activities — including leasing, renting, and collecting rent for others — constitute acts requiring a real estate license. A property manager must be licensed and affiliated with a principal broker.
Q2. The Tennessee Uniform Residential Landlord and Tenant Act (URLTA) applies to residential rental properties in Tennessee counties with a population of:
Explanation
The URLTA applies in Tennessee counties with a population of 75,000 or more. In smaller counties, the common law governs landlord-tenant relationships unless the parties' lease provides otherwise.
Q3. Under the Tennessee URLTA, a landlord must return a tenant's security deposit within how many days of lease termination?
Explanation
Under Tennessee's URLTA, a landlord must return the security deposit (or provide an itemized written statement of deductions) within 30 days after the tenant vacates and provides the landlord with a forwarding address.
Q4. A gross lease is one in which:
Explanation
In a gross lease, the tenant pays a fixed rent amount and the landlord is responsible for all or most operating expenses (taxes, insurance, maintenance). Residential leases are typically gross leases.
Q5. A property manager's primary fiduciary duty is owed to:
Explanation
A property manager acts as an agent for the property owner and owes fiduciary duties — loyalty, obedience, disclosure, confidentiality, and accounting — to the owner as the principal. Duties to tenants are limited to honest and fair dealing.
Q6. Which type of lease provides the most security for a tenant in terms of rent predictability?
Explanation
A fixed-term gross lease provides a tenant with rent predictability because rent is set for a defined period and the landlord absorbs operating cost fluctuations. Month-to-month tenancies can be terminated or have rent increased with proper notice.
Q7. A net lease requires the tenant to pay base rent plus:
Explanation
In a net lease, the tenant pays base rent plus some or all operating expenses. A triple-net (NNN) lease requires the tenant to pay taxes, insurance, and maintenance in addition to base rent, making it common in commercial real estate.
Q8. Constructive eviction occurs when:
Explanation
Constructive eviction occurs when a landlord's actions (or inactions) make the rental property uninhabitable, essentially forcing the tenant to leave. The tenant may treat the lease as terminated and seek damages.
Q9. In Tennessee, the security deposit for an unfurnished residential unit may not exceed:
Explanation
Under Tennessee's URLTA, the security deposit for an unfurnished residential rental unit may not exceed two months' rent. This cap protects tenants from excessive upfront housing costs.
Q10. A Tennessee landlord who wrongfully withholds a tenant's security deposit may be liable for:
Explanation
Under the Tennessee URLTA, a landlord who wrongfully withholds a security deposit may be held liable for the deposit plus the tenant's reasonable attorney fees in any subsequent legal action.
Q11. A lease that automatically renews for successive periods unless either party gives notice is called a:
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