Tennessee Statutes
§ 62-13-302 — Employment by broker of unlicensed broker or broker in another state
Tennessee·Title 62
(a)It is unlawful for any licensed broker to employ or compensate any person who is not a licensed broker or a licensed affiliate broker for performing any of the acts regulated by this chapter. A licensed broker may pay a commission to a licensed broker of another state if the nonresident broker does not conduct in this state any of the negotiations for which a commission is paid.
(b)A real estate licensee shall not give or pay cash rebates, cash gifts or cash prizes in conjunction with any real estate transaction. As part of the Tennessee real estate commission's general rulemaking authority the commission may regulate the practices of real estate licensees regarding gifts, prizes or rebates that are not otherwise prohibited by law.
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Tennessee § 62-13-302 (Employment by broker of unlicensed broker or broker in another state) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
March Group, Inc. v. Bellar
908 S.W.2d 956 (Court of Appeals of Tennessee, 1995)
Bennett v. MV Investors
799 S.W.2d 221 (Court of Appeals of Tennessee, 1990)
Legislative History
Acts 1973, ch. 181, § 13(a); T.C.A., § 62-1306; Acts 2007, ch. 266, § 1.
Nearby Sections
15
§ 62-1-101
Short title§ 62-1-102
Legislative intent§ 62-1-103
Chapter definitions§ 62-1-109
Persons certified under prior law§ 62-1-111
Revocation, suspension or refusal to renew license - Other penalties - Hearings - Procedure - Costs§ 62-1-112
Injunctions and restraining orders§ 62-1-113
Prohibited activities