Tennessee Realtor State Practice Exam

Disable ads (and more) with a membership for a one time $2.99 payment

Prepare for the Tennessee Realtor State Exam. Use flashcards and multiple-choice questions, each with hints and explanations. Ensure your success!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

How long has Brandi's license likely been expired if she had to pay a $700 penalty fee to reinstate it?

30 days
60 days
90 days
More than 120 days

The correct answer is: More than 120 days

If Brandi had to pay a $700 penalty fee to reinstate her real estate license, this suggests that her license was expired for a significant amount of time. According to many real estate licensing regulations, greater penalty fees are typically incurred when a license has been expired for a longer period, often beyond 120 days. In situations where licenses are expired for shorter durations, such as 30, 60, or 90 days, the penalties tend to be less severe, and the fees required for reinstatement are usually lower. Therefore, the imposition of a $700 fee indicates that it is very likely her license has been expired for more than 120 days. This aligns with the structure of penalties and reinstatement fees in many states, which escalate with the length of time the license has been inactive.