Final Exam TN Real Estate Course Questions and Answers
Course:
TN Real Estate
Institution:
TN Real Estate
Final Exam TN Real Estate Course Questions and Answers
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| Uploaded on: | May 21, 2025 |
| Last updated: | May 21, 2025 |
| Number of pages: | 17 |
| Written in: | 2025/2026 |
| Type: | Exam (elaborations) |
| Contains: | Questions & Answers |
| Tags: | Final Exam TN Real Estate Course Questions and Answers |
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Final Exam TN Real Estate Course | Questions and Correct Answers | Latest Update 2025/2026 | 100% PASS A Tennessee licensee must use the "Exclusive Right to Sell" form Answer -required by the licensee's broker. According to the level of authority delegated to the agent, the usual real estate agency is a - Answer -limited agency. When must the contract be in writing? - Answer -John is agreeing to sell his shed to Shawn for $1,000. One disadvantage in using active listings for comparables is - Answer they provide somewhat dubious comparisons because listing prices are not selling prices. Why is it sometimes necessary to include a bill of sale with a purchase contract? - Answer -A bill of sale confirms that all promised inclusions are in fact part of the conveyance. Prior to the acceptance of a purchase contract, the seller must provide the buyer with a written property condition disclosure if - Answer -the property is a residential property of less than 5 units.
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