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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 broker
B
A salesperson licensed under a principal broker
C
An independent contractor
D
A property manager only
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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

Related Concepts

A practice where the agent or brokerage represents only one party in a transaction — either the buyer or the seller, but never both.

A relationship where a listing broker authorizes other brokers to act as agents of the seller, extending the seller's agency relationship to cooperating brokers.

A non-agency relationship where the broker facilitates a real estate transaction without representing either party, owing limited duties of honesty, fairness, and competence to both.

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