Tennessee Real Estate License Exam Practice Question
After working with a couple for several months, an affiliate broker wrote an offer in January which was immediately accepted. The affiliate broker's license expired in December because he had forgotten to renew it. Is the affiliate broker entitled to a commission?
Correct Answer: B
Rationale: An affiliate broker cannot receive a commission for a transaction conducted while their license is expired, as this violates legal requirements for real estate practice. Option A is incorrect; renewing the license after the fact does not retroactively validate the transaction. Option C is misleading; prior engagement does not exempt the broker from licensing laws at the time of the offer. Option D suggests discretion where none exists; legal regulations govern commission eligibility, making it a matter of compliance rather than personal judgment.
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