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

Does Tennessee have dower laws?

A	Yes
B	No

Question 2

What is a holographic will?

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

Question 3

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

A	Arkansas
B	Connecticut
C	New York
D	Georgia

Question 4

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

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

Question 5

Does Tennessee allow Holographic wills?

A	Yes
B	No

Question 6

Is Tennessee a community property state?

A	No
B	Yes

Question 7

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

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

Question 8

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

A	novation
B	Habendum
C	acknowledgement
D	Premises

Question 9

Standing trees would be considered

A	Emblements
B	Chattels
C	Real property
D	Personal Property

Question 10

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

A	80
B	60
C	100
D	120

Question 11

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

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

Question 12

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 status provided to a home owner's principal residence that protects the home against judgement up to a specified amount.
D	The estimated value that an asset will have at then end of it's useful life.

Question 13

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

A	Agent
B	Buyer
C	Lessor
D	Lessee

Question 14

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

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

Question 15

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 16

How many hours of pre-licensing education is required?

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

Question 17

Does Tennessee allow reciprocity with other states?

A	Yes
B	No

Question 18

Which is not necessary for a valid contract?

A	acceptance
B	offer
C	due date
D	legal object

Question 19

What term means "going to the state?"

A	Taxation
B	police power
C	escheat
D	Eminent Domain

Question 19 Explanation:

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

Question 20

Does Tennessee have homestead laws?

A	Yes
B	No

Question 21

What tenancies does Tennessee allow?

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

Question 22

The Salesperson license fee costs how much?

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

Question 23

An easement by prescription may establish

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

Question 24

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

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

Question 25

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