Tennessee (state exam) Real Estate
EXAM QUESTIONS AND ANSWERS 100%
SOLVED (Newest 2025) Regulatory Powers - Correct Answers ✅Enable the agency to pass specific regulations and rules to support the administration of the license law Judicial Powers - Correct Answers ✅Enable it to conduct hearings and investigations into the activities of licensees and to rule on license suspensions or revocations Administrative Powers - Correct Answers ✅Enable it to establish the staff organization, records, and facilities to manage the licensing process and the licensees themselves Mission of the Tennessee Real Estate Commission - Correct Answers ✅Protect the public TREC consists of how many members? - Correct Answers ✅9 Who appoints members of TREC? - Correct Answers ✅Governor How many years are the TREC member terms? - Correct Answers ✅5 1 / 2
Tennessee (state exam) Real Estate
EXAM QUESTIONS AND ANSWERS 100%
SOLVED (Newest 2025) Who chooses the TREC chair, vice chair, and executive director? - Correct Answers ✅The commission Affiliate Broker - Correct Answers ✅• High school diploma • Completion of 60 classroom hours + 30 credits Broker - Correct Answers ✅• Must have high school, 120 classroom hours, 90 credits, Time Share Salesperson - Correct Answers ✅• High school diploma • 30 classroom hours Only take state part of PSI exam Contract - Correct Answers ✅Agreement between 2 or more parties who, in a "meeting of the minds" have pledged to perform or refrain from performing some act Exclusive Listing Agreement - Correct Answers ✅Legally enforceable real estate agency agreement between a real estate broker and a client, authorizing a real estate licensee to act as a parties exclusive agent for the purchase, sale, or lease of real estate
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