There will be two (2) new rules of the Tennessee Real Estate Commission, specifically Rule 1260-01-.16 and Rule 1260-01-.17, which will be effective on May 8, 2014.
A copy of the new rules is available for review on the website of the Secretary of State at http://tn.gov/sos/rules_filings/02-06-14.pdf
The new rules include a rule relating to the ramifications for failure to maintain errors and omissions insurance as required by Tenn. Code Ann. § 62-13-112 (as amended by Public Chapter No. 84). as well as
Also a new rule expanding upon the new requirement of Tenn. Code Ann. § 62-13-303 (as amended by Public Chapter No. 420) that all applicants for initial licensure on or after January 1, 2014 must submit a set of fingerprints for obtaining a criminal background check.
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