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.


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