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

The license law is administered by:

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

Question 2

Standing trees would be considered

A	Personal Property
B	Real property
C	Emblements
D	Chattels

Question 3

Does Tennessee have dower laws?

A	No
B	Yes

Question 4

The Salesperson license fee costs how much?

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

Question 5

What is homestead protection?

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

Question 6

Which is not necessary for a valid contract?

A	acceptance
B	due date
C	legal object
D	offer

Question 7

What term means "going to the state?"

A	police power
B	escheat
C	Eminent Domain
D	Taxation

Question 7 Explanation:

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

Question 8

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

A	novation
B	acknowledgement
C	Habendum
D	Premises

Question 9

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

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

Question 10

Is Tennessee a community property state?

A	Yes
B	No

Question 11

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

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

Question 12

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

A	Agent
B	Buyer
C	Lessee
D	Lessor

Question 13

Does Tennessee allow reciprocity with other states?

A	No
B	Yes

Question 14

An easement by prescription may establish

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

Question 15

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

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

Question 16

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

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

Question 17

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

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

Question 18

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

A	New York
B	Arkansas
C	Georgia
D	Connecticut

Question 19

Does Tennessee allow Holographic wills?

A	Yes
B	No

Question 20

What tenancies does Tennessee allow?

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

Question 21

How many hours of pre-licensing education is required?

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

Question 22

Does Tennessee have homestead laws?

A	No
B	Yes

Question 23

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

A	60
B	120
C	100
D	80

Question 24

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

Question 25

What is a holographic will?

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