solution

Any change in the farms address must be reported by the principal broker to the commission within how many days of the change?

A – Three working days.

B – Five working days.

C – Ten working days.

D – Thirty calendar days.

Question 2

After investigating a complaint filed against you, a broker, the Tennessee Real Estate Commission has held a hearing and ruled against you. Which of the following is NOT among the disciplinary actions the Commission may take?

A – It may impose a minimum fine of $50.

B – It may impose a prison sentence.

C – It may revoke or suspend your license.

D – It may downgrade such broker’s license to “affiliate broker” status.