Contract Law For Mortgage
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FAQ
Real estate records are important to support the events of a sale and explain the legal agreements made during the course of a real estate transaction. In Tennessee, documents must be kept a minimum of three years, but it is recommended they are kept for six years in the event of any possible litigation.
Electronic Records (TREC Rule 1260-02.40) Per the law real estate licensees must preserve records relating to any real estate transaction for 3 years.
Check Your CE Visit .cebroker.com/tn/plans. Click on BASIC. Enter your license number. Create your username and password. Enter your new dashboard to see your continuing education. Bookmark the new site on your browser and save your username and password in a safe place.
Inactive Tennessee Real Estate Agents Required to request reinstatement through CORE. After registering, you must complete a reinstatement request; you will then be contacted within 7-10 business days with the requirements you'll have to satisfy.
A licensed broker must retain for three years copies of all listings, deposit receipts, canceled checks, trust account records, and other documents executed by or obtained by the broker in connection with any transaction for which a license is required.
TREC Rule 1260-02-.12 ADVERTISING a) No licensee shall advertise to sell, purchase, exchange, rent, or lease property in a manner indicating that the licensee is not engaged in the real estate business.
Fees Initial License Application$91.00Broker (Upgrade from Tennessee Affiliate Broker)$91.00Licensee Renewal (every 2 years)$75.00Firm Renewal (every 2 years)$75.00Time Share Renewal$500.006 more rows
§ 62-13-312(b)(6), real estate licensees must preserve records relating to any real estate transaction for three (3) years following the consummation of said real estate transaction.