Tennessee License Law Study guides, Class notes & Summaries

Tennessee License Law Questions and Answers Rated A+ The Human Rights Act exists to ensure that federal civil rights laws are carried out. What are the primary sources of laws and regulations governing real estate licensees in Tennessee? The Tennessee Real Estate License Act and the Commission rules. Which of the following is a section in the License Act? Qualifications and licensing What is a Commission policy statement? An occasional amplification that becomes part of the rule...

Tennessee License Law Enforcement Overview with Complete Solutions TREC may impose a civil penalty on unlicensed persons of up to what amount per violation per day? A) $3,000. B) $1,000. C) $4,000. D) $2,000. B) $1,000. Regarding E&O coverage for the firm, A) the minimum coverage must be at least $1,000,000. B) the amount of coverage is determined by the number of affiliated licensees. C) E&O coverage is not required, but bonding is. D) E&O coverage is not required. D) E&O co...

Tennessee License Law Questions and Answers Already Passed The Human Rights Act exists to ensure that federal civil rights laws are carried out. What are the primary sources of laws and regulations governing real estate licensees in Tennessee? The Tennessee Real Estate License Act and the Commission rules. Which of the following is a section in the License Act? Qualifications and licensing What is a Commission policy statement? An occasional amplification that becomes part of th...

Tennessee License Law Questions and Answers Already Passed What is the purpose of the Commission rules? To enable the Commission to carry out its duties under the License Act Which law regulates the sale and promotion of vacation clubs? The Summer Act of 1967 The Tennessee Vacation Club Act of 1995 The Lake and Stream Act of 1995 The Vacations Act of 1988 The Tennessee Vacation Club Act of 1995 Which of the following is a section in the License Act? Obtaining listings Of...

How many of the members of the Commission may come from the real estate industry? - ️️7 Which rule applies to the appointment of a full-time director of education? - ️️The person must be a college graduate. What is the purpose of The Real Estate Act? - ️️To protect the public against harmful acts by licensees If the Recovery Fund currently has $612,000 on-hand, what would be the most the Commission could spend on educational activities? - ️️$112,000 What minimum balan...