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August 28, 2015

New TREC Rules Effective October 18, 2015

The Tennessee Real Estate Commission (TREC) has several rule changes that will take effect October 18, 2015. The new rules include, but are not limited to:

  • handling of deposits and earnest money; 
  • identifying what is and is not advertising;
  • commissions; and
  • teams.

The Tennessee Association of REALTORS® has provided a summary of the new TREC rules, which was presented to our members on August 19 by TAR Hotline Attorney, Deanna Cooper. Also, you can also view the new rules in their entirety on the TREC website.