Tennessee Real Estate Practice Exam

What must an applicant provide from a broker before obtaining their license?

1. A business plan outlining their goals

2. A sworn statement by the broker they wish to affiliate with

3. A letter of recommendation from a previous employer

4. A completed application for real estate practice

The correct answer is: A sworn statement by the broker they wish to affiliate with

An applicant must provide a sworn statement from the broker they wish to affiliate with before obtaining their real estate license. This requirement is in place to ensure that the broker is aware of the applicant's intent to join their firm and has agreed to take them on as a licensee. This statement serves as formal confirmation that a brokerage relationship is established, which is a crucial component of the licensing process. The other options do not fulfill the specific requirement set forth by the Tennessee Real Estate Commission. While having a business plan is beneficial for an applicant's understanding of their goals, it is not a licensing requirement. Similarly, a letter of recommendation from a previous employer may provide a professional reference but does not impact the licensing process in Tennessee. A completed application for real estate practice is necessary, but it must accompany the sworn statement from the broker to be valid and processed for licensure. Thus, the correct answer reflects the necessary official consent from the broker to formalize the affiliation needed for the applicant's license application.