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Real Estate Salesperson Exam — National Portion

Offices (TN): practice questions

Our Real Estate (National) bank has 3 questions on this topic. Here are 3 of them with answers; the full mock exam draws from every topic, like the real one.

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Question 1 · Tennessee

When may one principal broker serve as principal broker for two firms?

  1. When neither firm has more than ten affiliated licensees
  2. When both firms share the same physical address
  3. When the Commission approves a written supervision plan
  4. When both firms are located in the same county
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B. When both firms share the same physical address — Tenn. Code Ann. 62-13-309(g).

Question 2 · Tennessee

After a principal broker dies or resigns, how soon must the Commission be notified?

  1. Within 30 days
  2. Within 5 days
  3. Within 10 days
  4. Within 60 days
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C. Within 10 days — Tenn. Comp. R. & Regs. 1260-02-.38(1).

Question 3 · Tennessee

Can a post office box serve as a Tennessee firm's business location?

  1. No, though it may be included in an address for receiving mail
  2. No, and it may not appear anywhere in the firm's address at all
  3. Yes, for firms that handle only property management and rentals
  4. Yes, if the firm also keeps a registered agent in the same county
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A. No, though it may be included in an address for receiving mail — Tenn. Comp. R. & Regs. 1260-02-.05.

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