Tennessee Department of Commerce and Insurance - Real Estate Commission

Please Note

We are a service company that can help you file with the Tennessee Department of Commerce and Insurance - Real Estate Commission. We are not associated with this nor any other government agency. We offer paid services and software to help you file. You are not required to purchase our service to file - you may file directly with this agency without using our service.

Contact Information

Web: Home
Email: TREC.info@tn.gov

Licenses

We track the following licenses with the Tennessee Department of Commerce and Insurance - Real Estate Commission in order to provide compliance services to our clients. As a client, you see this and other Compliance Core™ data in License Manager in-line with your licenses.

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Tennessee Real Estate Affiliate Broker License

Agency:

Tennessee Department of Commerce and Insurance - Real Estate Commission

Initial Registration

More Details

Agency Fee:	$91
Notes:	License applications are provided after passing the exam.

Registration Renewal

More Details

Filing Method:	Online
Agency Fee:	$75
Due:	Biennially

Tennessee Real Estate Broker License

Agency:

Tennessee Department of Commerce and Insurance - Real Estate Commission

Initial Registration

More Details

Agency Fee:	$91
Notes:	License applications are provided after passing the exam.

Registration Renewal

More Details

Filing Method:	Online
Agency Fee:	$75
Due:	Biennially

A Real Estate Firm is required to be licensed by the Tennessee Real Estate Commission, have a principal broker and maintain a fixed location and adequate facilities for affiliated licensees, located to conform with zoning laws and ordinances.

Tennessee Real Estate Firm License

Agency:	Tennessee Department of Commerce and Insurance - Real Estate Commission
Eligible Entity Types:	Corporations Limited Liability Companies Limited Partnerships Limited Liability Partnerships General Partnerships
Foreign Qualification is Prerequisite:	Yes
Ownership Requirements:	Corporations and limited liability companies must submit a copy of the firm's Corporate Charter or Article of Organization
Financial Requirements:	An escrow account must be opened in the firm's name. Firms are required to keep records of all real estate transactions for a period of three years. These files must contain, at a minimum, the following: listings, offers, contracts, closing statements, agency agreements, agency disclosure documents, property disclosure forms, correspondence, and notes with any other relevant information.
Insurance Requirements:	All individual licensees must carry errors and omissions insurance. Premium schedule and alternative insurance information are provided here.
Requirement Notes:	All changes of name or address require a new application and fee. You are required to give notice of change of any principal broker within 10 days of his release or transfer. Branch offices must each hold a separate firm (Brokers) license and have a full-time Principal Broker assigned to supervise all Affiliate Brokers.

Initial Registration

More Details

Form:	Real Estate Firm License Application
Instructions:	To open a new firm or firm reapplication you must: Submit the completed application and have it notarized Obtain and submit a current zoning letter from your local planning commissionf or the new firm;s business address Submit a completed TREC Form1 (items1-7) to transfer the principal broker into the new firm. The transfer fee is $25. If the broker is not already a principal broker, the broker must submit their current wall license and a $25 upgrade fee If a corporation or a limited liability company, submit a copy of the firm's corporate charter or article of organization All individual licensees must carry errors and omission insurance. Premium schedule and alternative insurance information are provided at https://www.tn.gov/commerce/regboards/trec/rules-and-laws.html Open an escrow account in the firm's name and provide the information asked for on the application To change the name of an existing firm: Submit a completed firm application and have it notarized Return the current firm's license so that a new license can be issued in the new firm name Submit a completed TREC Form 2 (items 1-4). The fee is $25 Escrow account information must be submitted with the application to the office each time application is made, even if it was submitted with the original application If a corporation or a limited liability company, submit a copy of the letter of good standing from the SoS To change the address of an existing firm: Submit a completed TREC2 form (items 1-4). The fee is $50 Obtain and submit a current zoning letter from your local planning commission for the new firm's business address
Filing Method:	Mail
Agency Fee:	$100
Required Attachments:	Application must be notarized Zoning letter from the proper County or Municipal Authority must be attached. If not required, a letter from the County or Municipal Government is to be attached stating not required. Submit a completed trec form1 (items 1-7) to transfer the principal broker into the new firm, transfer fee is $25. If the broker is not already a Principal broker, the broker must submit their current wall license and a $25 upgrade fee to principal broker. Submit a completed notarized application with fee Obtain and submit a current zoning letter from proper governmental authorities; if local jurisdiction does not have zoning regulations, submit a letter from local county or city mayor that jurisdiction does not have zoning regulation Submit appropriate TREC 1 paperwork and fees for licensed Tennessee broker to become principal broker or for an existing principal broker to transfer into the firm If a corporation or limited liability company, submit a current copy of the firm’s certification (or Letter of Good Standing) from Tennessee Secretary of State, along with any DBA name If Non Resident firm, complete, sign and have notarized Consent to Jurisdiction and Consent to Suits