Tennessee Real Estate Flash Cards
Review our flash cards for the Tennessee real estate exam with over 90 national and state specific questions to help you ace the test. Our flash cards provide key questions and answers for real estate license law, state housing laws, property rights, title, deeds and much more. Click a flash card now and get started.
Any person who performs or offers, attempts or agrees to perform any single act defined in TCA § 62-13-102, is required to be licensed.
No
No
No
No
No
A person engaged in activities that require a license must have a valid active license and be affiliated with a licensed real estate firm. Compensation received for activities that require a license must be paid by the licensed real estate firm where the assistant is affiliated.
No, you can only sell real property through the licensed real estate firm where you are affiliated.
No, a real estate licensee from another state or jurisdiction cannot ‘‘cooperate’’ or ‘‘partner’’ with a Tennessee licensee in order to conduct business that requires a real estate license in this state without obtaining a license issued by the Tennessee Real Estate Commission (TREC)
No, a lawyer can only receive a referral fee or commission if they are properly licensed as a real estate broker or affiliate and the compensation is paid to them by the licensed real estate firm where they are affiliated.
A TREC Form 1 should be completed in its entirety and mailed to TREC with the appropriate fee.
The TREC Core Course is a specific six (6) hour course designated by the Commission which is required to be taken by licensees who must complete the 16 hour continuing education requirement.
No, all courses must be pre-approved by the Commission.
Brokers are responsible at all times for deposits and earnest money.
3 years.
Firm name, phone number on every page of a website.
Yes, the PB can act as a PB for both firms as long as the firms are in the same location.
A licensee may have the main office or branch office of a firm in his home if the zoning allows a real estate office at that location.
The TREC Form 1
No, it is found in joint tenancy and tenancy by the entirety.
Annual crops cultivated by a tenant which are treated as the tenant’s property rather than the landowner’s.
A lack of uniformity; dissimilarity. Because no two parcels of land are exactly alike.
No
Yes
When a person dies testate.
$143,029
Land Contract
A section in a real estate contract that transfers ownership of a property with no restrictions.
Yes
The Real Estate Settlement Procedures Act
Yes
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