How do I retire my real estate license in Tennessee?

How do I retire my TN real estate license?

If you wish to stop practicing real estate for any reason but do not want to give up your real estate license, you may place your license in retirement. In order to retire your license, you will complete the application online at core.tn.gov. Please upload the completed TREC-1 form with the application.

Which of the following is a requirement for retiring a license?

Which of the following is a requirement for retiring a license? The licensee must be at least sixty-five years old. All educational requirements must have been met. The firm must give written permission.

How do I reactivate my real estate license in Tennessee?

In order to reactivate your license, you must provide proof of current errors & omission’s insurance, affiliate with an active firm, and complete the Transfer, Release, and Change of Status Form along with the online application online at core.tn.gov.

What states does Tennessee have real estate reciprocity with?

No, Tennessee does not offer reciprocity with other states in regards to real estate licenses.

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How much does a realtor make in Tennessee?

The average salary for a real estate agent in Tennessee is around $51,100 per year.

What is the difference between voluntary inactive and involuntary inactive status?

This is known as a voluntary inactive license. If you fail to renew your active (or voluntary inactive) license prior to the expiration date, (other than the first renewal), the real estate license automatically reverts to a status of involuntary inactive.

How long may a license remain in voluntary inactive status?

17. How long may a license remain in voluntary inactive status? An individual who has attained license status but does not wish to actively engage in the real estate business can request an inactive license. He or she may remain in this status indefinitely.

How long can a real estate license be suspended in Florida?

According to Rule 61J2-24.001(3)(h), Florida Administrative Code, even if this is your first license-related disciplinary action, the minimum penalty for violating this statute is a suspension of your license for anywhere between 30 days and permanent revocation, in addition to a fine in the amount of $250 to $1,000 …

What happens if your real estate license expires in Tennessee?

If your license has been expired for longer than the 60-day grace period, you are required to request re-instatement through the Commission’s Comprehensive Online Regulatory and Enforcement System (CORE).

Can you take the Tennessee real estate exam online?

Pass the Tennessee real estate affiliate broker exam.

Students can schedule their licensing exam online here. (855) 340-3710. … This 120 question test is comprised of 2 portions, covering both state and national requirements. There will be 80 national questions and 40 state questions, with a minimum passing score of 70%.

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