Nothing in this chapter shall allow the commission to set fees or commissions for real estate contracts or transactions; and if the practice is found to be in actual practice in the field, if because of action of the commission, all members of the commission shall forfeit their licenses.

Terms Used In Tennessee Code 62-13-204

  • Real estate: means and includes leaseholds, as well as any other interest or estate in land, whether corporeal, incorporeal, freehold or nonfreehold, and whether the real estate is situated in this state or elsewhere. See Tennessee Code 62-13-102