Tennessee § 62-13-402 Limited agency

Tennessee Statutes

§ 62-13-402 — Limited agency

Tennessee § 62-13-402

Title62

This text of Tennessee § 62-13-402 (Limited agency) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tenn. Code Ann. § 62-13-402 (2026).

Text

(a)If a real estate licensee is engaged as an agent, the real estate licensee serves as a limited agent retained to provide real estate services to a client. The licensee shall function as an intermediary in negotiations between the parties to a transaction unless the parties negotiate directly.

(b)A real estate licensee shall owe all parties to a transaction the duties enumerated in § 62-13-403 . A licensee shall owe to the licensee's client the duties enumerated in § 62-13-404 .

(c)Notwithstanding any law to the contrary, the duties enumerated in §§ 62-13-403 and 62-13-404 shall supersede any fiduciary or common law duties owed by a licensee to the licensee's client on January 1, 1996.

Free access — add to your briefcase to read the full text and ask questions with AI

(a) If a real estate licensee is engaged as an agent, the real estate licensee serves as a limited agent retained to provide real estate services to a client. The licensee shall function as an intermediary in negotiations between the parties to a transaction unless the parties negotiate directly. (b) A real estate licensee shall owe all parties to a transaction the duties enumerated in § 62-13-403 . A licensee shall owe to the licensee's client the duties enumerated in § 62-13-404 . (c) Notwithstanding any law to the contrary, the duties enumerated in §§ 62-13-403 and 62-13-404 shall supersede any fiduciary or common law duties owed by a licensee to the licensee's client on January 1, 1996.