Tennessee Realtor State Practice Exam

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What happens to a broker's license if they commit a violation?

It is revoked permanently
It can be downgraded to affiliate broker status
It is suspended for one year
It is put on probation

The correct answer is: It can be downgraded to affiliate broker status

When a broker commits a violation, the appropriate consequence can include a downgrade in their license status. In Tennessee, if the violation is not severe enough to warrant revocation, the real estate commission has the authority to downgrade a broker’s license to that of an affiliate broker. This reflects a serious action that acknowledges the violation while allowing the broker to remain active in the industry, albeit at a lower level of responsibility and authority. The other options, such as permanent revocation, suspension, or probation, are possible actions that can occur depending on the nature and severity of the violation. However, in instances where a broker is still permitted to practice, but with limitations, downgrading to affiliate broker status is the most accurate outcome. This allows for professional accountability while providing the opportunity for improvement and potential reinstatement of full broker privileges in the future.