Tennessee Real Estate Practice Exam

Must a retired status license be renewed?

1. True

2. False

3. Only if inactive for more than 5 years

4. Renewal is optional

The correct answer is: True

In Tennessee, a retired status license must indeed be renewed. This is important because a retired status does not mean that the license is no longer valid; instead, it is a classification that indicates the individual is not currently engaged in active real estate practice but still holds a valid license. Renewal is a requirement to ensure that even those in retired status remain compliant with any necessary legal standards and are aware of ongoing education or regulation updates in the real estate field. Failure to renew could lead to a lapse in status or require the individual to undergo additional procedures if they later decide to return to active status. Maintaining the renewal of a retired license helps uphold the integrity of the licensing system and ensures that all licensed professionals are adhering to state requirements, even if they are not currently practicing.