100+ Free TN Auctioneer Practice Questions
Pass your Tennessee Licensed Auctioneer Exam exam on the first try — instant access, no signup required.
Loading questions...
Key Facts: TN Auctioneer Exam
$150
Exam Fee
TN Auctioneer Commission
2 Parts
Written + Practical
TN Auctioneer Commission
5 Days
Weekly Availability
Testing Provider
TCA 62-19
Governing Statute
Tennessee Code
100 Q
Practice Questions
OpenExamPrep
Tennessee requires auctioneers to pass both a written exam and a practical exam. The written exam covers Tennessee auction law under TCA Title 62 Chapter 19, general auctioneering principles, contracts, ethics, advertising, and financial practices. The exam fee is $150, and testing is available 5 days per week through a third-party provider. The Tennessee Auctioneer Commission oversees licensing under the Department of Commerce and Insurance.
About the TN Auctioneer Exam
The Tennessee auctioneer licensing exam covers Tennessee auction law (TCA Title 62, Chapter 19), general auctioneering principles, contract law, ethics, advertising rules, financial procedures, and principal-agent relationships. Tennessee requires both a written examination and a practical (oral/bid-calling) examination for licensure.
Questions
80 scored questions
Time Limit
2 hours
Passing Score
70%
Exam Fee
$150 (Third-party testing provider / Tennessee Auctioneer Commission)
TN Auctioneer Exam Content Outline
Tennessee Auction Law & Regulations
TCA Title 62 Chapter 19, licensing requirements, Tennessee Auctioneer Commission rules, penalties, and exemptions
General Auctioneering Principles
Auction types, bid calling, opening and closing procedures, reserve and absolute auctions, cataloging
Contract & Property Law
UCC Article 2, contracts of sale, title transfer, risk of loss, consignment agreements, terms and conditions
Ethics & Professional Conduct
Fiduciary duties, conflict of interest, disclosure requirements, prohibited practices, shill bidding
Advertising & Marketing
Truth-in-advertising, required disclosures, prohibited claims, Tennessee-specific advertising rules
Financial Practices
Trust accounts, escrow requirements, settlement procedures, commissions, tax collection, record-keeping
Principal-Agent Relationships
Agency law, fiduciary responsibilities, authority of agent, duties to principal and third parties
How to Pass the TN Auctioneer Exam
What You Need to Know
- Passing score: 70%
- Exam length: 80 questions
- Time limit: 2 hours
- Exam fee: $150
Keys to Passing
- Complete 500+ practice questions
- Score 80%+ consistently before scheduling
- Focus on highest-weighted sections
- Use our AI tutor for tough concepts
TN Auctioneer Study Tips from Top Performers
Frequently Asked Questions
How many parts does the Tennessee auctioneer exam have?
Tennessee requires two parts for auctioneer licensure: a written examination covering Tennessee auction law and general auctioneering principles, and a practical examination testing bid-calling and auction-conducting skills. Both parts must be passed to qualify for licensure.
What law governs auctioneers in Tennessee?
Tennessee auctioneers are governed by the Tennessee Auctioneer License Act found in TCA Title 62, Chapter 19. This statute establishes the Tennessee Auctioneer Commission under the Department of Commerce and Insurance and sets licensing requirements, prohibited acts, trust account rules, and penalties.
How much does the Tennessee auctioneer exam cost?
The Tennessee auctioneer exam fee is $150. Testing is available 5 days per week through a third-party testing provider contracted by the Tennessee Auctioneer Commission. Additional costs include the license application fee and any required bonding.
What are the requirements for a Tennessee auctioneer license?
Tennessee requires applicants to be at least 18 years old, pass both the written and practical exams, submit a license application to the Tennessee Auctioneer Commission, pass a background check, and obtain any required surety bond. Check the Tennessee Department of Commerce and Insurance for the most current requirements.