Tennessee Real Estate Exam Practice Question
After working with buyers for months an affiliate broker wrote an accepted offer in January but his license had expired in December. Is he entitled to a commission?
Correct Answer: B
Rationale: In this scenario, the broker's entitlement to a commission hinges on the validity of their real estate license at the time of the transaction. Option B is correct; a broker cannot earn a commission if their license has expired, regardless of prior work with the buyers or any subsequent renewal.
Option A is incorrect because renewing the license after the expiration does not retroactively validate the broker's actions during the expired period.
Option C misinterprets the situation; prior engagement does not grant commission rights if the license was not active during the transaction.
Option D is misleading; while brokers have discretion in many matters, legal requirements regarding licensing cannot be overridden by personal judgment.
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