Tennessee Realtor State Practice Exam

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Prepare for the Tennessee Realtor State Exam with questions and explanations designed to help you succeed. Master the principles and regulations of real estate in Tennessee. Ace your exam with confidence!

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What action can a broker take if they have received multiple violations?

Dismiss them if they pay a fine
Request a hearing to contest the violations
Accept a downgrade to affiliate broker status
Ignore the violations

The correct answer is: Accept a downgrade to affiliate broker status

A broker who has received multiple violations has specific options available to address these issues, and the choice to accept a downgrade to affiliate broker status is one of them. This option signifies that the broker is acknowledging their violations and is willing to accept a lesser status in the brokerage hierarchy. By downgrading, they can potentially mitigate the consequences associated with their past actions and demonstrate a commitment to compliance within the real estate profession. This approach can also be beneficial for maintaining their license and continuing their career in a capacity that is manageable given their current situation. It reflects an understanding of the regulatory environment in which real estate operates, allowing the broker to move forward while adhering to any new restrictions or requirements that may be placed upon them as an affiliate broker. In contrast, simply dismissing the violations or ignoring them could lead to more severe penalties and further complications. Requesting a hearing to contest the violations would typically be an avenue to explore if the broker believes they have grounds to dispute the charges, but this is not the proactive step of accepting wrongdoing and attempting to move on from it.