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Sarah has held her Tennessee Affiliate Broker license for three years and has completed all required continuing education. She now wants to upgrade her license so she can supervise other licensees and operate her own real estate firm. Which designation must Sarah obtain to legally supervise affiliate brokers in Tennessee?

Correct Answer

C) Principal Broker certification

Tennessee uses a three-tier system — Affiliate Broker, Broker, and Principal Broker — and only a Principal Broker is authorized to supervise affiliate brokers and operate a firm. Sarah must obtain the Principal Broker designation to do what the question describes.

Answer Options
A
Broker license only
B
Broker-in-Charge designation
C
Principal Broker certification
D
Supervising Broker endorsement

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Related Topics & Key Terms

Key Terms:

broker_in_chargelicense_tierssupervisionaffiliate_broker

Related Concepts

An agency relationship created when a principal approves or accepts an agent's previously unauthorized actions, effectively granting authority after the fact.

The legal requirement for real estate agents to inform all parties about who they represent in a transaction, typically provided at first substantive contact.

A legal relationship in which one person (the agent) is authorized to act on behalf of another person (the principal) in business transactions with third parties.

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