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TREC downgrades broker license request; denies waiver and assesses late fees for Jane Craddock

2923112 · April 9, 2025
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Summary

The commission considered a medical-waiver request from broker Jane Craddock for overdue continuing education and renewal fees, and voted to downgrade her license to affiliate broker and require late fees and renewal payment.

The Tennessee Real Estate Commission voted to deny a waiver request from Jane Craddock and approved a motion to downgrade her broker license to an affiliate-broker status, assessing late fees and a renewal fee.

Commission staff described Craddock’s file: she obtained a broker’s license in 2020 and renewed in 2022; her license expired October 19, 2024, and she had completed only 26 of the required 120 continuing-education hours. Staff described a physician’s note related to surgery in November 2022 that the applicant submitted as support for a medical waiver.

Staff explained the commission’s options: allow an extension to complete 120 hours, permit retest-and-reapply to restart the three-year clock, or downgrade to affiliate broker with payment of late renewal fees. Staff provided fee calculations: a late-renewal fee structure that accrues $50 per 30-day period up to 120 days and $100 per 30-day period thereafter. The record notes Craddock was approximately 151 days past expiration and that the fee due would be $400 plus the $75 renewal fee. Staff also noted that if she were to retest and reapply later, certain fees could be different.

After discussion, a motion was made and seconded to downgrade Craddock’s license to affiliate broker and assess the late fee and renewal fee. The transcript records the commission’s decision and the motion’s passage: "The motion passes on a 6 by 1 to 2 vote. Commissioner Perez voting." The transcript does not provide a roll-call listing of individual yes/no votes.

The record indicates the commission considered but did not grant a medical waiver that would have allowed Craddock to maintain her broker license without completing the 120 hours or paying the assessed late fees. Staff outlined the options Craddock would have if she later elected to retest and reapply, including completing 120 hours within the retest clock period.

The commission directed that the administrative outcome be implemented consistent with staff explanation of fees and license status; no additional reporting requirements or disciplinary conditions were recorded in the transcript.