TN Auctioneer Practice Questions - Tennessee Licensed Auctioneer Exam

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An auctioneer in Tennessee wants to hold an auction that includes both real property and personal property. What special considerations apply?

No special considerations; all items are treated the same The auctioneer may need a real estate license or to partner with a licensed real estate broker for the real property portion, and must follow separate legal requirements for each property type Only personal property can be sold at auction in Tennessee Real property and personal property cannot be sold at the same auction

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The auctioneer may need a real estate license or to partner with a licensed real estate broker for the real property portion, and must follow separate legal requirements for each property type

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