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100+ Free TN RE Broker Practice Questions

Pass your Tennessee Real Estate Broker Exam exam on the first try — instant access, no signup required.

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A commercial property in Tennessee has a triple-net (NNN) lease. Which expenses is the tenant responsible for in addition to base rent?

A
B
C
D
to track
2026 Statistics

Key Facts: TN RE Broker Exam

70%

Passing Score (Each Portion)

PSI / TREC

3 yrs

Affiliate Broker Experience Required

TREC

120 hrs

Total Education (90 + 30)

TREC

30 hrs

Broker-Specific Education

TREC

$63

Exam Fee

PSI

16 hrs

Renewal CE Every 2 Years

TREC

Tennessee requires broker applicants to hold an active affiliate broker license for at least 3 years and complete 120 total education hours (90 affiliate + 30 broker). The PSI broker exam has both national and state portions with a 70% passing threshold on each. Tennessee uniquely calls entry-level agents 'affiliate brokers' — the broker upgrade requires a separate exam covering brokerage operations, trust accounts, supervision duties, and TN broker-specific statutes.

Sample TN RE Broker Practice Questions

Try these sample questions to test your TN RE Broker exam readiness. Each question includes a detailed explanation. Start the interactive quiz above for the full 100+ question experience with AI tutoring.

1A Tennessee principal broker must deposit earnest money into the trust account within what time frame?
A.24 hours of receipt
B.3 business days of receipt
C.5 business days of receipt
D.7 calendar days of receipt
Explanation: Tennessee requires principal brokers to deposit earnest money into the trust account within 3 business days of receipt. This ensures client funds are properly safeguarded and not held in the broker's personal possession. Failure to deposit timely is a TREC violation.
2Under Tennessee law, what is the minimum experience requirement to upgrade from affiliate broker to broker?
A.1 year as an active affiliate broker
B.2 years as an active affiliate broker
C.3 years as an active affiliate broker
D.5 years as an active affiliate broker
Explanation: Tennessee requires at least 3 years of active experience as an affiliate broker before qualifying to upgrade to a broker license. This experience must be under the supervision of a principal broker. The candidate must also complete 30 additional hours of broker-specific education.
3A Tennessee principal broker discovers that an affiliate broker collected a $5,000 earnest money check and placed it in the affiliate's personal desk drawer for two weeks. What violation has occurred?
A.Conversion of trust funds
B.Commingling of trust funds
C.Failure to timely deposit trust funds
D.Misrepresentation to the seller
Explanation: This is a failure to timely deposit trust funds. Tennessee requires earnest money to be deposited into the trust account within 3 business days. Holding the check in a desk drawer for two weeks is a serious violation. Commingling would involve mixing client and personal funds in one account, while conversion involves using client funds for personal purposes.
4How many total hours of pre-license education does Tennessee require for a broker license?
A.90 hours
B.120 hours
C.135 hours
D.150 hours
Explanation: Tennessee requires 120 total hours of pre-license education for a broker: 90 hours for the affiliate broker level (60-hour Basic Principles + 30-hour Course for New Affiliates) plus 30 additional hours of broker-specific coursework covering brokerage management and Tennessee broker law.
5What is the primary Tennessee statute governing real estate broker licensing?
A.Tennessee Commercial Real Estate Act
B.Tennessee Real Estate Broker License Act of 1973
C.Tennessee Property Transfer Act
D.Tennessee Real Estate Commission Act of 1985
Explanation: The Tennessee Real Estate Broker License Act of 1973 is the primary statute governing the licensing and regulation of real estate brokers and affiliate brokers in Tennessee. It establishes TREC's authority, defines licensing requirements, sets standards of conduct, and outlines disciplinary procedures.
6A principal broker in Tennessee is opening a branch office. Which of the following is required?
A.The branch office must be within 50 miles of the main office
B.A separate trust account must be established for each branch
C.TREC must be notified and the branch must display the principal broker's name
D.A licensed broker must be physically present at the branch at all times
Explanation: Tennessee requires principal brokers to notify TREC when opening a branch office and to prominently display the principal broker's name at the branch location. There is no distance limitation, no requirement for a separate trust account per branch, and while supervision is required, physical presence at all times is not mandated.
7In Tennessee, what is the difference between commingling and conversion of trust funds?
A.Commingling is mixing client and personal funds; conversion is using client funds for personal benefit
B.Commingling is using client funds for personal benefit; conversion is mixing client and personal funds
C.Both terms mean the same thing under Tennessee law
D.Commingling applies only to cash; conversion applies only to checks
Explanation: Commingling is the improper mixing of client trust funds with the broker's personal or business operating funds. Conversion is the unauthorized use of client trust funds for the broker's personal benefit. Both are serious violations under Tennessee law, but conversion is generally considered more egregious and may result in criminal charges in addition to license revocation.
8A Tennessee broker is supervising 15 affiliate brokers. One affiliate fails to provide the required agency disclosure to a buyer before showing properties. Who is liable?
A.Only the affiliate broker who failed to disclose
B.Only the principal broker for failure to supervise
C.Both the affiliate broker and the principal broker
D.Neither, because agency disclosure is voluntary in Tennessee
Explanation: Both the affiliate broker and the principal broker are subject to TREC discipline. The affiliate broker violated the disclosure requirement directly, and the principal broker has supervisory liability for failing to ensure compliance. Tennessee requires agency disclosure at first substantial contact, and brokers must train and monitor affiliate brokers on disclosure requirements.
9Tennessee uses which security instrument for real estate financing?
A.Mortgage only
B.Deed of trust only
C.Both mortgage and deed of trust, but deed of trust is more common
D.Land contract exclusively
Explanation: Tennessee recognizes both mortgages and deeds of trust as security instruments, but deeds of trust are far more common. A deed of trust involves three parties: the borrower (trustor), the lender (beneficiary), and a neutral trustee who holds title. This allows for non-judicial foreclosure, which is faster and less expensive than judicial foreclosure required with mortgages.
10What is the Tennessee transfer tax (deed tax) rate on real estate conveyances?
A.$0.25 per $100 of consideration
B.$0.37 per $100 of consideration
C.$0.50 per $100 of consideration
D.$1.00 per $100 of consideration
Explanation: Tennessee imposes a transfer tax (commonly called deed tax) of $0.37 per $100 of the consideration or value of the property transferred. This tax is typically paid by the seller at closing and is collected by the county register's office when recording the deed.

About the TN RE Broker Exam

The Tennessee real estate broker exam is a separate PSI-administered exam for licensed affiliate brokers upgrading to a broker license. It covers national real estate fundamentals plus Tennessee-specific broker law, including brokerage management, trust account handling, TREC broker supervision duties, and the Tennessee Real Estate Broker License Act of 1973.

Questions

120 scored questions

Time Limit

4 hours total

Passing Score

70% on each portion

Exam Fee

$63 (TREC / PSI)

TN RE Broker Exam Content Outline

25%

Brokerage Management & Operations

Office supervision, branch office requirements, advertising compliance, broker-associate agreements, independent contractor arrangements, record retention

25%

Trust Accounts & Escrow

Trust account handling, earnest money deposits, reconciliation, commingling vs conversion, broker withdrawal procedures, TREC audit requirements

25%

TN Real Estate Broker Law

Tennessee Real Estate Broker License Act of 1973, TREC powers, broker licensing requirements, disciplinary actions, prohibited acts, license renewals

25%

Contracts, Finance & Valuation

Purchase agreements, deeds of trust, financing instruments, appraisal methods, agency relationships, disclosure requirements, fair housing

How to Pass the TN RE Broker Exam

What You Need to Know

  • Passing score: 70% on each portion
  • Exam length: 120 questions
  • Time limit: 4 hours total
  • Exam fee: $63

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 RE Broker Study Tips from Top Performers

1Master trust account rules: deposit timing, reconciliation procedures, commingling vs conversion penalties, and TREC audit preparation
2Understand the affiliate broker to broker upgrade path: 3 years experience, 30 additional hours, separate exam
3Study broker supervision duties: oversight of affiliate brokers, advertising review, transaction file maintenance
4Know the Tennessee Real Estate Broker License Act of 1973 and TREC enforcement powers
5Practice broker-level scenarios involving office management, branch offices, and independent contractor agreements

Frequently Asked Questions

What are the requirements to take the Tennessee broker exam?

You must hold an active Tennessee affiliate broker license for at least 3 years, complete 120 total education hours (90 affiliate hours + 30 broker-specific hours from a TREC-approved provider), and pass a background check. The 30-hour broker course covers brokerage management, trust accounts, and Tennessee broker law.

How is the TN broker exam structured?

The Tennessee broker exam is administered by PSI and includes both national and state portions. You must score 70% or higher on each portion separately. The exam covers broker-level topics including brokerage operations, trust fund management, and Tennessee-specific broker statutes that go beyond the affiliate broker exam.

What is the difference between an affiliate broker and a broker in Tennessee?

Tennessee calls entry-level licensees 'affiliate brokers' (equivalent to salesperson in other states). They must work under a principal broker. A broker license upgrade requires 3 years of affiliate experience, an additional 30 hours of broker education, and passing the separate broker exam. Brokers can operate independently and supervise affiliate brokers.

What are a TN principal broker's trust account duties?

A Tennessee principal broker must maintain a trust account at a federally insured depository, deposit all earnest money and client funds promptly, perform regular reconciliations, never commingle personal and trust funds, maintain detailed records for TREC inspection, and ensure all affiliate brokers comply with trust account procedures.