Real estate license information can be confusing.
Here are some common misconceptions about license search.1.
What is the real deal?
Real estate licenses are issued by the State of Tennessee, but they’re issued to people all over the state.
In Tennessee, licenses can be obtained at any license office, including the local sheriff’s office, the city clerk’s office or even the sheriff’s department.2.
What do I need to do to get a license?
First, you need to visit a local license office.
If you don’t have an address and you live within 10 miles of a license office in Tennessee, you’ll need to call to register for a license.
The license you’re registering for will be mailed to you within two business days of registration.
If your license is registered, you can get a copy of it and complete a new license application.3.
I bought a house in Tennessee and it’s been vacant for years, but the real estate agent I hired never contacted me.
Is this okay?
If the realtor has never contacted you, the realty agency must contact you.
It’s also against the law to sell a home that’s vacant.4.
What if I have problems with a real estate company?
If the agency you signed a contract with doesn’t have the real license, you may be eligible for a court order to stop the transaction.
If a court determines that the real property isn’t worth the money you paid, you must stop the sale and pay the full amount you paid.5.
I’ve been told I can get away with this.
Is that true?
If a realtor doesn’t contact you or if you didn’t have a valid license at the time, it may be a violation of Tennessee’s anti-slavery law.
If that happens, you could face criminal charges.6.
I’m not sure if I want to go through the license search again.
How do I know if it’s the right time?
The license search is designed to give you the information you need before you commit to buying or selling real estate.7.
Do I need a lawyer?
If there’s an issue with the real-estate license application, you should contact the licensing attorney in your state to discuss your rights and obligations.8.
Can I get a refund for my license search?
Yes, you have the right to a refund.
If after you’ve submitted the application, the license agency asks for proof of purchase or sale, you’re entitled to a full refund of the purchase price, the sale price, and any taxes paid.
If these items aren’t included in the license application fee, you will not receive a refund of any portion of the license fee.