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 occurs when a broker signs a change of affiliate form for a licensee?

The licensee becomes independent
All supervisory responsibility for that licensee ceases
The broker retains some liability for the licensee
The licensee can change brokers without further action

The correct answer is: All supervisory responsibility for that licensee ceases

When a broker signs a change of affiliate form for a licensee, it indicates a formal transition in the relationship between the broker and the licensee. In this scenario, signing the change of affiliate form allows the licensee to move from one brokerage to another under a new broker's supervision. Consequently, all supervisory responsibility that the original broker held over that licensee ceases immediately upon the signing of this form. This means that the original broker is no longer responsible for overseeing the licensee's activities or actions, marking the end of that supervisory relationship. Understanding this concept is critical for both brokers and licensees, as it ensures that the responsibilities and liabilities associated with the brokerage relationship are clearly defined and managed.