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What is a valid Tennessee regulation for referral fees?Tennessee Real Estate License Law prohibits a licensee from paying a referral fee to a non-licensee. Consumers sometimes request a fee for referring a prospect to a licensee or for finding available property. Such requests are commonly referred to as birddog fees or finders fees, and these fees are illegal.
Which of the following is the purpose of the Tennessee Guaranty Association?The purpose of this association is to provide a safety-net of coverage , within limits, in the unlikely event that a member insurer becomes financially unable to meet its obligations.
Who would be liable for an insurance claim on a policy sold by a Tennessee producer?Who would be liable for an insurance claim on a policy sold by a Tennessee producer and issued by an insurance company NOT authorized to conduct business in Tennessee? *The producer is liable for all insurance contracts unlawfully made in TN with an insurance company not authorized to do business in TN.
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The Commissioner would like to hold a hearing against a producer before the hearing is held a notice
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