Tennessee Real Estate Practice Exam

The statement is true because in Tennessee real estate practice, affiliate brokers are required by law to immediately turn over any trust money they receive to their supervising broker. This is critical for maintaining the integrity of trust accounts and ensuring that all funds are handled appropriately.

The requirement to transfer trust money promptly helps protect the interests of clients and ensures compliance with regulatory standards governing real estate transactions. By doing so, the affiliate broker safeguards against any potential misuse or mismanagement of the funds, which could lead to significant legal and ethical issues.

The other choices introduce complications that do not apply in this context. Trust money must be handled promptly without regard to specific circumstances such as amount or terms of agreement. The law mandates immediate transfer to foster professionalism and accountability within the real estate industry.