TN Real Estate study materials
TN Real Estate study resources

TN Real Estate study plan

TN Real Estate · Give each week a clear focus.

8 weeks · About 6 hours per week

Week 1

Tennessee Real Estate License Law, Rules, and Commission Regulations

  • Map each Tennessee license category (affiliate broker, broker, and the license-holder pathways the Commission regulates) by listing the education, examination, experience, sponsorship, and renewal requirements that attach to it.

  • Write a one-line rule statement for each prohibited practice named in the license law and Commission rules (commingling, undisclosed dual agency, paying a fee to an unlicensed person, unlicensed activity, failure to supervise), so each can be recognized from a fact pattern.

  • Reconstruct the Commission's enforcement ladder from letter of warning through citation, suspension, and revocation, and match each rung to at least two triggering violations.

  • Draft 20 original scenario questions covering advertising rules, trust-account handling, and transaction-record retention, then answer them closed-book.

Your checkpoint

A one-page Commission rule card plus a scored 20-question self-authored quiz (target 80% or better) with a written correction for every missed item.

Week 2

Real Estate Practice and Transactions

  • Sequence a residential transaction end to end, from listing appointment through post-closing, and name the disclosure or form triggered at each step.

  • Sort the parties' responsibilities at closing by writing out who supplies each document and who receives each disbursement.

  • Compute prorations for taxes, rent, and interest, plus buyer and seller closing costs, on a constructed settlement scenario.

  • Assemble a 15-item checklist of red flags in a transaction file (missing disclosure, unverified funds, undisclosed referral fee) and state the corrective action for each.

Your checkpoint

A completed sample closing statement in which every debit and credit balances, paired with a one-page transaction timeline flowchart.

Week 3

Agency and Non-Agency Relationships & Contracts and Contract Law

  • Classify each agency configuration (seller agency, buyer agency, disclosed dual agency, designated agency, and non-agency/transaction brokerage) and list the fiduciary duties owed in each.

  • Script the disclosure conversation a licensee must have with a consumer at first substantive contact, then rehearse it aloud until it runs without notes.

  • Identify the essential elements of a valid contract and sort ten short fact patterns into valid, void, voidable, and unenforceable, citing the element that controls each.

  • Compare the remedies of damages, specific performance, rescission, and liquidated damages, and match each to a breach scenario.

Your checkpoint

An agency classification table covering 10 scenarios (relationship plus duties owed) and a contract-validity checklist applied to 5 written fact patterns.

Week 4

Contracts and Contract Law & Real Property Ownership, Interests, and Land Use

  • Apply the statute of frauds and parol evidence concepts to decide which agreements must be in writing and which outside evidence is admissible.

  • Distinguish forms of concurrent and several ownership (tenancy in common, joint tenancy, tenancy by the entirety) by stating how title passes on death and how each co-owner's interest may be transferred.

  • Classify easements, encumbrances, and liens by whether they run with the land, survive foreclosure, or are extinguished, and label them on a sample title chain.

  • Summarize land use controls (zoning, subdivision regulation, building codes, eminent domain, police power) by naming the authority behind each and the remedy available to an affected owner.

Your checkpoint

A 30-question cumulative self-authored quiz covering Domains 1, 2, 3, 6, and 7, scored at 80% or better with a written error log tracing each miss to the governing rule.

Week 5

Real Property Ownership, Interests, and Land Use & Real Estate Financing and Mortgages

  • Compute monthly PITI, loan-to-value ratio, and total interest for three constructed loan scenarios, showing each step of the arithmetic.

  • Compare conventional, FHA, VA, and seller-financed structures by listing eligibility, down payment, insurance, and assumption rules for each.

  • Explain the effect of the due-on-sale, acceleration, prepayment penalty, and escrow clauses by describing what triggers each and what the borrower can do in response.

  • Diagram the foreclosure process from default notice to sale and redemption, marking where the borrower can cure, where title transfers, and how a junior lien is treated.

Your checkpoint

A 10-problem mortgage math worksheet with fully worked solutions plus a one-page foreclosure timeline diagram with each stage labeled and dated from a constructed default date.

Week 6

Real Estate Financing and Mortgages & Property Valuation and Market Analysis

  • Select the appropriate valuation approach (sales comparison, cost, income) for five described properties and justify each choice in one sentence.

  • Calculate gross rent multiplier, capitalization rate, and indicated value from income data, and state the assumptions each figure depends on.

  • Adjust three comparable sales for differences in size, condition, and features, then reconcile them into a supported value range rather than a single number.

  • Distinguish an appraisal from a comparative market analysis and a broker price opinion by naming who may prepare each and how each may be used.

Your checkpoint

A written comparative market analysis on a constructed subject property using three adjusted comparables, ending in a defended value range and a statement of the analysis's limits.

Week 7

Property Valuation and Market Analysis & Real Estate Practice and Transactions & Tennessee Real Estate License Law, Rules, and Commission Regulations

  • Re-solve every missed problem from weeks 1 through 6 without looking at the prior correction notes.

  • Rehearse the transaction math (prorations, commission splits, seller net sheets) in a timed 20-minute drill.

  • Build a one-page formula sheet from memory covering LTV, PITI, GRM, cap rate, proration, and commission split, then verify it against your notes.

  • Write five original integrated scenarios that each require a rule from Domain 7 and a decision from Domain 6, and answer them.

Your checkpoint

A timed 50-question mixed practice set completed at 80% or better, with misses sorted by domain and the two weakest domains named in writing.

Week 8

Agency and Non-Agency Relationships & Contracts and Contract Law & Real Property Ownership, Interests, and Land Use & Real Estate Financing and Mortgages & Property Valuation and Market Analysis & Real Estate Practice and Transactions & Tennessee Real Estate License Law, Rules, and Commission Regulations

  • Take two full-length timed practice exams under exam-day conditions and record the score by domain for each.

  • Rewrite the formula sheet and the Commission rule card from memory and reconcile any differences with the originals.

  • Target the two lowest-scoring domains from week 7 and week 8 with 30 focused practice items each.

  • Rehearse a 15-minute pre-exam routine (logistics, timing plan, guessing strategy) and confirm the test-day schedule.

Your checkpoint

Two completed full-length practice exams at 85% or better, plus a one-page remediation plan listing each remaining weak area, the resource used to close it, and the date it will be re-tested before exam day.

Milestones

Week 2: Explain, without notes, every step of a transaction and every Commission rule on trust funds and advertising; score 80% or better on the week 2 self-authored closing and disclosure quiz.

Week 4: Score 80% or better on the 30-question cumulative quiz over the two heaviest domains plus Domains 1 through 3, with every miss traced to a written rule statement.

Week 6: Solve all 10 mortgage math problems and all three comparable adjustments with correct arithmetic on the first attempt, and state aloud why each valuation approach fits the property described.

Week 8: Score 85% or better on two full-length timed practice exams and identify no more than three weak areas for final review before exam day.