solution

A licensed affiliate broker acquires a listing for his firm but decides to switch firms before the listing contract expires. Which of the following is TRUE?

A – The affiliate broker can take the listing with him to his new firm, but the new firm must split any commission with the former firm.

B – The affiliate broker can take the listing with him and it becomes the property of his new firm

C – The listing remains the property of the original firm.

D – The listing is automatically cancelled.

Question 2

What is the appropriate agency with which to file a complaint regarding a licensee’s actions in Tennessee?

A – District Attorney’s office.

B – National Association of REALTORS(R).

C – Real Estate Commission.

D – Division of Consumer Affairs.