Tennessee Real Estate Exam Practice Question
Under what circumstances may a licensee collect a commission from a seller AFTER the listing agreement has expired?
Correct Answer: D
Rationale: A licensee cannot collect a commission from a seller after a listing agreement has expired.
Option A is incorrect; an amendment would need to be made before expiration to allow for commission collection. Option B is also wrong; while automatic extensions might seem beneficial, they do not apply once the original agreement has expired. Option C misinterprets cancellation terms; even if a listing can be canceled, it does not permit commission collection post-expiration. Therefore, the only accurate position is that there are no circumstances under which a commission can be collected after the listing period ends.
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