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TREC waives civil penalty for a retired licensee and grants broker license after TRACE requirement
Summary
The commission waived a $1,100 civil penalty for a retired licensee seeking reinstatement and granted a request from a former broker to re-enter as a broker on condition he complete the TRACE 30‑hour course and meet CE requirements; both actions were unanimous.
At its August meeting, the Tennessee Real Estate Commission granted two waiver/reinstatement requests the commission said were supported by documentation and supervisory commitments.
Medical-waiver and civil-penalty relief. The commission granted a medical waiver request for a retired licensee, Miss Tipton McGee (per agenda identifier O4B), who sought relief from a civil penalty tied to an expired retired license. Staff explained the retired license had expired March 22, 2024, and the statutory civil penalty formula capped the amount at $1,100. Commissioners voted to waive the $1,100 civil penalty on…
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