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Real Estate Salesperson Exam — National Portion

Discipline (TN): practice questions

Our Real Estate (National) bank has 6 questions on this topic. Here are 4 of them with answers; the full mock exam draws from every topic, like the real one.

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Question 1 · Tennessee

What civil penalty may the Commission assess for each separate violation of a statute, rule or order?

  1. $100 to $500, with repeat violations within a year doubled automatically
  2. A flat $250 per violation, payable in full before the licensee's next license renewal
  3. $0 to $1,000, and each day of a continued violation may count separately
  4. $500 to $5,000, but only after the licensee has had a prior reprimand
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C. $0 to $1,000, and each day of a continued violation may count separately — Tenn. Comp. R. & Regs. 1260-02-.32(1), (3).

Question 2 · Tennessee

A licensee is convicted of a disqualifying crime. What does Tennessee law require?

  1. Surrender the license within 30 days, with no right to request any Commission hearing at all
  2. Notify the principal broker within 10 days, who must report it at the next renewal
  3. Nothing until renewal, when the conviction is listed on the renewal application
  4. Notify the Commission within 60 days; revocation follows unless a hearing is requested
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D. Notify the Commission within 60 days; revocation follows unless a hearing is requested — Tenn. Code Ann. 62-13-312(f).

Question 3 · Tennessee

Generally, a complaint against a Tennessee licensee must be filed within how long of the violation or its discovery (absent a longer criminal period)?

  1. Five years
  2. Three years
  3. One year
  4. Two years
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D. Two years — Tenn. Code Ann. 62-13-313(e)(1).

Question 4 · Tennessee

How long must Tennessee licensees preserve records relating to a real estate transaction?

  1. Five years following consummation
  2. One year following consummation
  3. Seven years following the listing date
  4. Three years following consummation
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D. Three years following consummation — Tenn. Code Ann. 62-13-312(b)(6); Tenn. Comp. R. & Regs. 1260-02-.40(1).

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