AgencyEASY
In Tennessee, the term 'affiliate broker' refers to:
Correct Answer
B) A salesperson licensed under a principal broker
In Tennessee, an affiliate broker is equivalent to a salesperson in other states, working under a principal broker.
Answer Options
A
A managing brokerB
A salesperson licensed under a principal brokerC
An independent contractorD
A property manager onlyVideo Explanation3 min
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Related Topics & Key Terms
Related Topics:
real-estate-licensing-structuresagency-relationshipsstate-specific-regulations
Key Terms:
affiliate brokerTennessee real estate licenseprincipal brokerTRECTCA § 62-13-102
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