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Regulatory Powers - Enable the agency to pass specific regulations and rules to support the
administration of the license law
Judicial Powers - Enable it to conduct hearings and investigations into the activities of licensees and
to rule on license suspensions or revocations
Administrative Powers - Enable it to establish the staff organization, records, and facilities to
manage the licensing process and the licensees themselves
Mission of the Tennessee Real Estate Commission - Protect the public
TREC consists of how many members? - 9
Who appoints members of TREC? - Governor
How many years are the TREC member terms? - 5
Who chooses the TREC chair, vice chair, and executive director? - The commission
Affiliate Broker - • High school diploma
• Completion of 60 classroom hours + 30 credits
Broker - • Must have high school, 120 classroom hours, 90 credits,
Time Share Salesperson - • High school diploma
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