Tn new affiliates Study guides, Class notes & Summaries

TN New Affiliates Practice Final Exam Already Passed Typical disclaimers by the real estate firms and licensees who are party to the purchase transaction would include -not responsible for violations of the Licensing Act. -not liable for damages caused by inspectors. -not responsible for representations made about suitability of the property for a particular use. *not responsible for the performance of buyer or seller. In addition to being a contract between a licensee and a seller ...

TN New Affiliate Broker Unit 1 Test Exam With 100% Correct Answers 2024

The purpose of a competitive market analysis (CMA) is to suggest correct answer: a probable sale price range. A superior service for a competitive compensation is correct answer: a value-added service. A licensee is advertising a property for rent, not for sale. The ad must include correct answer: the firm's name and phone number. If the sellers have an appraisal done in advance of a sale and lists at the appraised value, and a buyer agrees to pay the appraised value, the correct an...

TN New Affiliate Broker unit 1 test exam with 100% correct answers

ypical disclaimers by the real estate firms and licensees who are party to the purchase transaction would include Correct Answer: -not responsible for violations of the Licensing Act. -not liable for damages caused by inspectors. -not responsible for representations made about suitability of the property for a particular use. *not responsible for the performance of buyer or seller. In addition to being a contract between a licensee and a seller or buyer, a listing agreement is Correc...

TN New Affiliate Broker Unit 1 Test Questions With Complete Solutions

Typical disclaimers by the real estate firms and licensees who are party to the purchase transaction would include Correct Answer: -not responsible for violations of the Licensing Act. -not liable for damages caused by inspectors. -not responsible for representations made about suitability of the property for a particular use. *not responsible for the performance of buyer or seller. In addition to being a contract between a licensee and a seller or buyer, a listing agreement is Corre...

real estate Tennessee State Exam Questions And Answers, Over 200 Questions And Answers, Complete Solution 2023 What is the name of the Tennessee real estate regulatory body? a) Division of the Tennessee Real Estate B) Tennessee Real Estate Commission C) Board of Real Estate Regulators D) Tennessee Real Estate Board B How many members are on the Tennessee Real Estate Commission? A) 10 B) 9 C) 5 D) 15 B How many years may they serve? a) 3 years b) 5 years c) 6 years d) 4 years ...

To become a designated agent, one must be A) appointed as such by the managing broker. B) a dual agent. C) at least 21 years old and licensed. D) a member of the National Association of REALTORS®. A An affiliate broker wishes to retire her license. Prior to that action, she must A) turn the license backwards on the office wall. B) pay the commission a $100 application fee. C) complete required education. D) renew her errors and omissions insurance. C Because ...

Affiliate Broker Qualifications Must complete sixty (60) hours of education, complete the thirty (30) hour "Course for New Affiliates) prior to licensing being issued. Acquisition Agent requires a special acquisition agent licensure which allows the agent to solicit an encourage people to attend special presentations for a timeshare program. This solicitation must be done off-site from the timeshare location. Adverse Fact Condition recognized by licensees that have a negative i...