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TREC waives some late fees and assigns 'trace' course for license restorations; E&O penalty required in one case
Summary
The commission granted a late-fee waiver and assigned the 30-hour trace course for one applicant, required another to pay a $1,100 E&O penalty plus the trace course, and waived a third applicant's late fee and required the trace course.
The Tennessee Real Estate Commission acted on multiple waiver requests at its April meeting, issuing a mix of fee waivers, educational assignments and penalty requirements for applicants seeking licensure restoration.
Colleen Loy asked the commission to waive late fees and retesting after her license lapsed during a bereavement. Commissioners discussed three restoration paths…
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