This series of courses will provide 16 hours of required core and elective topics needed to renew your real estate license in Tennessee for the 2021-2022 biennium. We’ve divided this package into 6-hour and 10-hour segments. For the 6-hour core, there are 3 parts. Each will focus on two main ideas. Part 1 analyzes updates to TREC rules on termination of affiliation, commissions of affiliated licensees, electronic records, teams, reinstatement of an expired license, lapsed errors and omissions insurance coverage, and more. Its 2nd half reviews agency relationships and responsibilities. Online advertising finishes up this part.
Part 2 is about contract law: legal capacity, fulfillment of contractual duties, common clauses, assignment and novation, and remedies for breach. Next is property management requirements, such as how to set up client trust accounts in compliance with state laws. The principal broker’s supervision over such an operation is enforced by civil penalties. Economic factors and common expenses are outlined. Then, the difference between independent contractors and employees is covered.
For Part 3, the overall duties of a principal broker are examined. But we’ll also provide analysis and practical help for managing different employees. Ideal leadership qualities are illustrated, along with tips for developing a positive culture in the workplace for staff and the public. Make sure legal requirements for having a grievance reporting and resolution process are followed (which we’ll discuss). Finally, material facts which must be disclosed in Tennessee are detailed.
The 10-hour elective is divided into two parts: financing and NAR Ethics. We’ll discuss lending laws and various sources of financing that buyers and homeowners may seek. Next is a review of the National Association of REALTORS Code of Ethics.
Videos and images are utilized throughout the course to enhance comprehension. After each lesson, students will be asked a single question about the material. Eight incremental quizzes will test the student’s knowledge, and provide content breaks.
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- Approved By: Tennessee Real Estate Commission
Sheri has been an online instructor for AYPO's Real Estate education classes for over 5 years and is a licensed real estate instructor across the United States.
Growing up in a military family, Sheri became very patriotic, developed an adventurous spirit, and grew passionate about helping people.
In 2005 Sheri became a principal broker and opened Oregon Ranch & Home Real Estate in order to better serve her clients. She received the honor of being ranked #5 in Southern Oregon for dollar volume sold for 2008, during one of the most challenging years the market has seen in decades.
"Common sense, integrity, and a quick wit. These are qualities I admire".