Tennessee Real Estate Continuing Education
Get your Tennessee real estate license renewed quickly by signing up for convenient online courses! Don't risk letting your license expire by putting off your renewal education until the last minute. Start working on your Tennessee real estate license renewal today! (OnlineEd, Inc. partners with Career WebSchool to offer this course.)
How To Renew Your Tennessee Real Estate License
The Tennessee Real Estate Commission manages the licensing of affiliate brokers, brokers, principal brokers, and other real estate related licenses. The commission rules state that affiliate brokers, and brokers licensed after January 2001, must complete 16 hours of continuing education credits for every 2 year licensing period. The renewal fee and educational requirements must be completed 60 days prior to the date of the license expiration (Rule 62-13-307 (a)). Brokers must complete a 120-hour post-licensing class within their first 3 years, and then follow the standard CE 16 hour requirement.
Of the 16 total hours, 4 hours of study must be in the TREC "core course"; a commission-designed course that is necessary for each licensee to complete as part of the continuing education requirement. The remaining 12 hours of education can be filled in with elective courses. Even though a licensee may have a total of 16 credit hours, if the "core" course has not been completed then he/she can not renew his/her real estate license.
Affiliate brokers (and brokers) are also required to carry Errors And Omissions Insurance. The commission will randomly audit their licensees to confirm that the agents are carrying the necessary insurance.
Completed course information is submitted to the TREC by the school. Licensees can look up their completed CE hour progress by using the Tennessee Department of Commerce and Insurance's online license renewal system. Select the "Begin" button at the bottom of the page, and then the "Real Estate Commission" from the Program Or Board screen.
Your Real Estate Continuing Education Program
The elective course hours can be completed online from a school approved by the Tennessee Real Estate Commission. Our Tennessee real estate continuing education training courses are offered in conjunction with 360 Training.
Contracts, Purchase and Sales Agreements - 4 Hours
In this module you will learn about the types of general contracts as well as the different kinds of real estate contracts. The module provides the student with an overview of the various types of contracts: bilateral, unilateral, implied, express, executed, executory, valid, void, voidable and unenforceable. Once the student is introduced to the different types of contracts, he or she learns what makes a contract legally enforceable, this being the five components that make a contract valid: mutual assent, legally competent parties, consideration, lawful objective and adherence to a statute of frauds. (Approval No. 5635)
Environmental Hazards - 4 Hours
This course covers major environmental hazards. Licensees need to familiarize themselves with environmental issues because they have a responsibility to disclose to buyers any information that might affect their decision to buy. Environmental hazards can dramatically affect a property’s value, so buyers, sellers, lenders and licensees all can be affected by them. (Approval No. 5634)
Fair Housing - 4 Hours
This course covers broad issues on fair housing laws. Specifically, the student will learn: what fair housing laws exist, what classes of individuals are covered under these laws, how discrimination is defined in real estate, how can one avoid discriminating practices, and what the consequences are for non-compliance with fair housing laws. (Approval No. 5633)
Property Management - 4 Hours
The term "property management" generally refers to the group of services which an owner hires a professional property manager or management firm to perform. The quality of management directly affects the profitability of the property being managed. A skilled property manager thus protects the owner’s capital investment in real estate and makes sure that the property generates profit. (Approval No. 5550)
Real Estate Finance - 4 Hours
In this course the student will learn the basics of the different types of loans available and the advantages and disadvantages of each; loan applications; appraisals; escrow; titles; and credit reports, including qualifying for loan amounts and verifying income and assets. (Approval No. 5551)
Real Property Ownership and Land Use - 3 Hours
This course explores the meaning of real property ownership and the differences between real estate and personal property. Although these terms are often used interchangeably in everyday conversation, there are different rights associated with these different commodities. It is important that licensees understand the differences between them and are able to explain the distinctions to their clients and customers. (Approval No. 5632)