TN Real Estate case studies
TN Real Estate · Put your knowledge to work in context.
The Tennessee Affiliate Broker license is the entry-level real estate credential regulated by the Tennessee Real Estate Commission, a board within the Department of Commerce and Insurance. The Commission was created in 1951 to regulate real estate brokers and affiliate brokers, real estate firms, rental location agents, time-share salespersons and developments, vacation clubs and vacation lodging services, and its mission is to protect the public health, safety and welfare through that regulation. The substantive licensure requirements are set out in Tennessee Code Annotated, Title 62, Chapter 13. This page is written for candidates sitting the Affiliate Broker licensing examination - people entering the business for the first time, and licensees from other states sizing up Tennessee. The TN Real Estate case studies are 5 cases and about 2,391 words.
1In-House Listing and Buyer Representation
Dana is an affiliate broker at Ridgeline Realty. She has a signed exclusive buyer-representation agreement with Priya through December 31.
534 words, about 3 min2Contingency Deadlines and Earnest Money
A Tennessee residential resale contract is accepted May 1. Price is 285,000; earnest money is 5,000 held by the listing broker.
448 words, about 2 min3Nonconforming Use, Expansion, and a Shared Driveway
For 12 years, Owen has operated a small-engine repair shop on a 3-acre parcel in an unincorporated county. The parcel was zoned agricultural when he started; the county later rezoned it R-1 residential.
504 words, about 3 min4Appraisal Gap, Seller Credit, and Cash to Close
Buyer has a conventional 95% LTV preapproval at 6.75% for 30 years. Purchase price is 340,000; the appraisal comes in at 325,000.
463 words, about 2 min5Unlicensed Assistant, Team Advertising, and Broker Supervision
Nia is a newly licensed affiliate broker at Volunteer Homes. Her principal broker leaves for three weeks and tells her to “keep things running.” Nia’s unlicensed assistant, Casey, answers the office phone, posts listing ads on social media under the team name “The Home Squad” with Nia’s cell number, schedules showings, and hosts a Sunday open house alone.
442 words, about 2 min