Real estate licensing tennessee requirements

If you voluntarily surrendered a license at a time that disciplinary action was pending against you or you were under investigation by a licensing body, governmental agency or professional organization you must provide information regarding the license surrender. Have you ever been refused or had a real estate or timeshare salesperson license revoked, suspended, reprimanded, or fined?

Have you ever had a complaint filed against you with any regulatory agency or with any court? Have you been convicted of or pled nolo contendere or guilty to any felony or a misdemeanor involving the theft of services, money or property within the last ten 10 years? If you answer "yes" to question 5, the Commission requires you to submit a certified copy of your conviction record in addition to an affidavit providing details of each charge. This form along with all requested documentation will then be reviewed by the Commission and you will be notified of their decision.

Are you at least 18 years of age? Affiliate Broker Candidates. Proof of errors and omissions insurance policy Payment of all fees due. Please visit core. Once registered you can add your existing expired license to the account and request to Reapply. Please provide the following information: Name: Date of Birth: Current Address: Previous license number: Email address Once set up to take the exam the licensee will need to contact PSI at TREC does not offer exam study material.

Broker Candidates. To be eligible for the examination, broker candidates must have held an ACTIVE license that meets one of these criteria: Twenty-four 24 months actively licensed, if licensed as an affiliate broker on or before May 12, Thirty-six 36 months actively licensed, if licensed as an affiliate broker after May 12, Twenty-four 24 months actively licensed, if the candidate has a baccalaureate degree with a major in real estate.

Proof of errors and omissions insurance policy. Payment of all fees due. Office Broker Management Fingerprints if not currently an active affiliate with TN For faster processing please apply online at core. Designated Agent License Application [pdf] All applicants must have completed the required approved 8 hour pre license course and the certificate of completion must accompany this application.

The applicant must be at least 18 years of age. The applicant must provide proof which the Commission determines satisfactory, that they have a high school degree or a general educational development certificate GED. Timeshare Salesperson Candidates. Candidates must present a completed Timeshare Salesperson Candidate Pre-license Verification form at the examination center.

Acquisition Agent License Candidates. Nonresident Candidates. Alternate Procedures for Licensing Real Estate Candidates Currently Licensed in Another Jurisdiction Seeking a Tennessee License You must pass the Tennessee state law portion of the examination for the same type of license you have in your resident state.

Enclosing the following documents with "Worksheet A" may expedite the evaluation of your request: Certificates showing completion of pre-license education Certificates showing completion of continuing education Electronic Fingerprinting. Initial Firm Application.

Vacation Lodging Service. Submit fingerprints for a background check D. Provide proof of a high school diploma or equivalent certification E. Provide proof of completion of 60 credit hours of education before sitting for the PSI exam and have completed the hour New Affiliates course before applying for a license F.

Successfully pass the state and national portions of the exam. Provide proof of a high school diploma or equivalent certification C. Must have an active license that meets one of the following criteria:. If licensed as an affiliate broker on or before May 12, , must be twenty-four months actively licensed b. If licensed as an affiliate broker after May 12, , must be thirty-six months actively licensed c.

If the candidate has a baccalaureate degree with a major in real estate, must be twenty-four months actively licensed. Submit the completed broker examination application before making an examination appointment F. Address : James Robertson Parkway. Phone : Email: trec. Exam Registration Information:. Address: E. Phone: Email: examschedule psionline. Website: www. The amount of time spent going through our pre-license course varies, but most students spend anywhere from months completing the hour course, and less than 1 month completing the hour course.

Once the hour pre-license course is completed, you can sit for the state exam. The wait time for a test slot depends on the testing site availability. Then you can take the hour course, and then submit your application to obtain your license.

There are several fees involved in getting your Tennessee real estate license:. Tennessee does not currently have any reciprocity agreements with other states.

If you have a real estate license in a different state, you will need to submit a special worksheet and history from the state of your other license. The real estate commission will make a determination of your needs based on this information. Skip to content. Tennessee Real Estate License Requirements. How much money does a Real Estate Agent make in Tennessee? How long does it take to get a real estate license in TN?

How much does it cost to get a real estate license in TN? Kansas Hour Pre License Course. Valuation and Appraisal Types of value Define real estate value Principles of value Describe economic foundations of real estate value Identify major types of value Influences on value Define market value Describe approaches to value Define comparative market analysis Describe the appraisal process Define appraisal Perform basic calculations used in appraisal Identify regulated appraisal activities and professional standards IV.

Requirements Governing Activities of Licensees Prohibited acts Describe prohibited acts and penalties for violations Place of business and company names Define place of business and company name Handling of trust funds and accounts Describe handling of trust funds and accounts Records Describe record maintenance Recommending legal advice Illustrate recommending legal advice Reporting requirements Describe reporting requirements Advertising Illustrate advertising requirements X.

Financing and Closing Costs Types of Financing: Importance of financially qualifying the purchaser When and how to qualify the purchaser Pre-qualification vs. Legal Descriptions Define legal description Describe the metes and bounds method Interpret a metes and bounds description Describe the rectangular survey method Identify ranges, tiers and townships Identify sections of a township Calculate acreage of fractions of a section Describe a section fraction Interpret a rectangular survey description Describe the recorded plat method Describe the use of elevation reference points X.

Agency Define the agency relationship Describe the fiduciary duties of agency Identify the forms of real estate agency Describe the rules of agency disclosure Identify problem areas for real estate agents XII.

Listing Agreements Describe the basis of listing agreements in contract and agency law Identify the types of listing agreement Describe how an agent fulfills an agreement and earns compensation Identify the basic provisions of a listing agreement XIII. Contracts for the Sale of Real Estate Describe the characteristics and provisions of a contract for sale Describe the characteristics and provisions of an option-to-buy contract Describe the characteristics of a contract for deed.

Real Estate Investment Describe the investment characteristics of real estate Identify investment entities Describe the tax treatment of real estate investments Perform basic real estate investment analysis and tax calculations XIX. Property Management Describe the major functions of the property manager Identify the nature and components of a management agreement Describe elements of various lease types of most interest to a property manager Identify sources of management business, the role of the management plan in securing business, and sources of professional training for property managers XXV.

Missouri Disciplinary Proceedings Describe the complaint and investigation process. Illinois 75 Hour Pre License Course. The Real Estate Business Describe real estate activities Identify property type specializations Identify primary brokerage activities Identify forms of brokerage specialization List skills and knowledge needed Describe functions of major professional organizations Identify regulated areas List general areas of license law II.

Rights in Real Estate Define land and real estate Distinguish categories of property Identify the bundle of rights Define water rights Differentiate between real and personal property Identify areas of government and judicial regulation III. Interests and Estates Define interests and estates in land Distinguish freehold estates from leasehold estates Describe types of fee simple estate Describe types of life estate Describe types of leasehold estate IV.

Ownership Define sole ownership Define and distinguish forms of co-ownership Describe how joint tenancy is created Define the mechanics of an estate in trust Identify the features of a land trust Define condominium ownership Define cooperative ownership Define time-share ownership V. Encumbrances and Liens Define encumbrance Describe the types of easement Define encroachment Define license Define deed restrictions Describe the types of lien Define lien priority Describe foreclosure processes VI.