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Practice Of Real EstateLicense LawEASY

A Tennessee real estate firm, Lakeside Realty, wants to advertise under a trade name different from the name on its TREC license. Under Tennessee TREC rules, which of the following is required before the firm may advertise under the trade name?

Correct Answer

A) The trade name must be registered with TREC before it is used in any advertising

Tennessee TREC rules require that a real estate firm register any trade name it intends to use in advertising with TREC before using that name. This ensures that TREC can track which licensed entities are operating under which names, protecting consumers and maintaining regulatory oversight. Operating or advertising under an unregistered trade name violates TREC rules under Tenn. Code Ann. § 62-13-312 and associated TREC administrative rules.

Answer Options
A
The trade name must be registered with TREC before it is used in any advertising
B
The trade name must be approved by the Tennessee Secretary of State only, with no TREC involvement required
C
The trade name may be used freely without any registration as long as it does not duplicate another firm's name
D
The trade name must be submitted to the National Association of REALTORS® for approval before use in Tennessee

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Related Topics & Key Terms

Key Terms:

advertising_rulestrade_nametrec_registrationfirm_name

Related Concepts

The National Do Not Call Registry is a federal program administered by the FTC that allows consumers to opt out of receiving unsolicited telemarketing calls, including calls from real estate agents soliciting business.

Brokers in Florida have strict responsibilities for managing escrow accounts, including monthly reconciliation and proper handling of trust funds.

FREC has the authority to impose fines and other disciplinary actions on licensees who violate real estate laws and rules.

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