News and InformationTennessee Real Estate Commission
Retiring a License and CE Credit
New legislation was enacted during the 2016 legislative session regarding license retirement. Public Chapter 838, Section 10, amends T.C.A. § 62-13-318 by eliminating the requirement that all education requirements specified in § 62-13-303 must be completed as a condition to temporary retirement of a license. Instead, the licensee must complete the education requirement (16 hours of CE) prior to reactivation and must do so within the current license renewal period in which they are seeking reactivation. Thus, if a licensee reactivates a retired license within the same renewal period in which the license was retired, any continuing education hours obtained prior to retirement within that renewal period would count toward the 16 hours required to reactivate.
In attempts to make all of TREC’s forms current and up to date, TREC has updated the TREC 1 form for all licensees to use when making changes, TREC has created a TREC 2 form for all firms to use to make changes, the Initial Firm Application, and Initial Designated Agent applications have been updated. Additionally, TREC has created an independent form exclusively for the transferring of firms for licensees. Go onto our website Forms and Downloads to download your new forms!