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 is a true statement regarding record-keeping requirements for Tennessee real estate licensees?

  1. Records are not subject to audit

  2. Records must be kept for a minimum of one year

  3. Records are subject to TREC audit

  4. Records can be discarded once the transaction is closed

The correct answer is: Records are subject to TREC audit

In Tennessee, real estate licensees are required to maintain thorough and accurate