Tennessee Realtor State Practice Exam

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Under what condition is a broker's license not renewable?

For failing to pay renewal fees
For exceeding the allowed suspension period
If expired for more than one year
If there are unresolved complaints

The correct answer is: If expired for more than one year

A broker's license becomes non-renewable if it has been expired for more than one year. In Tennessee, real estate licenses must be renewed periodically, and there is a specific timeframe within which a licensee can renew their license after expiration. If the license has been expired for longer than this period, the broker is no longer eligible for renewal and would need to go through the licensing process anew. This requirement ensures that all practicing brokers maintain current knowledge and adhere to the latest legal and professional standards in real estate.