Tennessee Real Estate Exam Prep

TN Salesperson Practice Exam

Our Tennessee Real Estate Exam Preparation guide will have you quickly prepared for your upcoming Salesperson License Exam. We have helped license over 50,000 students with an exam pass rate of over 95%. The practice exam questions and answers were created by industry experts and are constantly updated to Tennessee’s licensing requirements. We stand by our real estate practice exams and offer an exam pass guarantee.

How to Become a Real Estate Agent in TN

Are you ready to become a real estate professional in Tennessee? If so, you must successfully complete a minimum of 60-hours of approved course, including in real estate principles and fundamentals. Additionally, you must pass the state’s real estate exam. With our Tennessee real estate study guides, you are guaranteed to pass.

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Tennessee Sample Practice Real Estate Exam Questions and Answers

Tennessee State Section

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Question 1

Which of the following would not put a sales person in jeopardy of losing their license in Tennessee?

A	Placing an ad claiming to be a broker when they are not.
B	Convicted of a felony
C	Depositing his/her clients escrow money into a personal account
D	Being authorized to accept and excessive commission.

Question 2

Who is responsible for maintaining a habitable property and for complying with local housing and building codes?

A	Lessor
B	Agent
C	Buyer
D	Lessee

Question 3

In what circumstances, if any, can a broker in Tennessee who is serving as an intermediary representing both parties collect compensation from both the buyer and the seller?

A	In most circumstances, except when the buyer and seller are related
B	Only when both buyer and seller have legal representation
C	Only when both buyer and seller give informed consent to this arrangement
D	None; the broker may only collect compensation from one party to a transaction

Question 4

The license law is administered by:

A	Real Estate Commission of Tennessee
B	Tennessee Real Estate Board
C	Tennessee Real Estate Commission
D	Tennessee Department of Real Estate

Question 5

Does Tennessee allow Holographic wills?

A	Yes
B	No

Question 6

Which of the following is required for an applicant to receive a Real Estate License?

A	Must sit and pass the required exam
B	Must be 25 or older
C	Must have a Bachelors degree
D	Must have lived in the state for more than a year

Question 7

How soon can a broker receive a commission check after a closing in Tennessee?

A	When the Buyer moves in.
B	Once the seller agrees to the price.
C	Once the offer sheet is signed.
D	After the transaction is completed and funded.

Question 8

Is Tennessee a community property state?

A	No
B	Yes

Question 9

Does Tennessee have dower laws?

A	No
B	Yes

Question 10

What is homestead protection?

A	The estimated value that an asset will have at then end of it's useful life.
B	Net cash remaining to investor after sale of investment property.
C	Gradual subsidence of waters, leaving dry land.
D	The status provided to a home owner's principal residence that protects the home against judgement up to a specified amount.

Question 11

What is a holographic will?

A	a will that displays in 3D
B	a will and testament that has been entirely handwritten and signed by the testator.
C	a standard boiler plate will.
D	a will that has been approved by each family member.

Question 12

Which of the following is not a state that participates in reciprocity?

A	Georgia
B	Arkansas
C	New York
D	Connecticut

Question 13

Which is not necessary for a valid contract?

A	due date
B	acceptance
C	legal object
D	offer

Question 14

Does Tennessee have homestead laws?

A	No
B	Yes

Question 15

The Salesperson license fee costs how much?

A	$50
B	$60
C	$65
D	$55

Question 16

How many hours of pre-licensing education is required?

A	80 hours
B	100 hours
C	120 hours
D	60 hours

Question 17

Mortgage "discount" points only apply if which of the following conditions are met?

A	The interest rate on the mortgage loan has been lowered by 2% for each point charged
B	The loan does not close and the buyer owes the lender for services rendered
C	The seller has agreed to pay 1% of the closing costs
D	The interest rate on the mortgage loan has been lowered by 1% for each point charged

Question 18

An easement by prescription may establish

A	use of property
B	who owes back taxes
C	homestead rights
D	a claim to title

Question 19

Which of the following is a landlord's option for a tenant not paying rent?

A	lock the tenant out of the apartment
B	unlawful detainer action in court
C	shut off the gas
D	shut off the power

Question 20

What tenancies does Tennessee allow?

A	Neither
B	Joint tenancy
C	Both
D	Tenancy by the entirety

Question 21

Does Tennessee allow reciprocity with other states?

A	Yes
B	No

Question 22

Standing trees would be considered

A	Chattels
B	Real property
C	Personal Property
D	Emblements

Question 23

After getting the real estate license, how many hours of Continuing Education are you required to take?

A	80
B	60
C	120
D	100

Question 24

What term means "going to the state?"

A	escheat
B	Eminent Domain
C	Taxation
D	police power

Question 24 Explanation:

Escheat is if someone dies and there is no one to inherit or no will the property goes to the state.

Question 25

Which of the following isn't part of a deed?

A	Habendum
B	acknowledgement
C	Premises
D	novation

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Tennessee Real Estate Exam Prep

TN Salesperson Practice Exam

How to Become a Real Estate Agent in TN

What Do I Get with the Tennessee Real Estate Exam Prep?

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Tennessee License Requirements

Tennessee Reciprocal Agreements

Tennessee Sample Practice Real Estate Exam Questions and Answers

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