Tennessee § 62-13-318 - Temporary retirement.
Full text of Tennessee Tennessee Code Annotated § 62-13-318 — Temporary retirement., with citation guidance and answers to common questions.
§ 62-13-318. Temporary retirement.
Upon written request accompanied by the license and the fee for change of status, any real estate firm, real estate broker, affiliate broker, time-share salesperson, or acquisition agent may temporarily retire the license. If the retiree wishes to remain in retirement for any portion of a subsequent license renewal period, the retiree shall pay the required license renewal fee prior to the license expiration date. No retired licensee may engage in any act defined in § 62-13-102. The retiree is responsible for advising the commission of the retiree's current mailing address. A licensee wishing to reactivate a license from retirement status shall submit the proper form and fee for a change of status. Reactivation of a temporarily retired license shall not be permitted until the licensee provides proof of completion of sixteen (16) classroom hours in real estate courses as specified in § 62-13-303 during the current license renewal period. Any license in inactive status with the commission on July 1, 2016, shall be transferred to retirement status on that date. Acts 1975, ch. 148, §§ 1-3; 1980, ch. 707, § 3; 1981, ch. 473, §§ 16, 17; T.C.A., §§ 62-1340 — 62-1342; Acts 1982, ch. 864, § 13; 1984, ch. 810, §§ 8-10; 1988, ch. 919, § 11; 1990, ch. 946, § 8; 2004, ch. 456, § 3; 2016, ch. 838, § 10.
Frequently Asked Questions About Tennessee § 62-13-318
What does Tennessee Code Annotated § 62-13-318 cover?
Section 62-13-318 ("Temporary retirement.") is part of the Tennessee Code Annotated, the codified statutory law of Tennessee. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Tennessee § 62-13-318?
A common citation format is "Tennessee Code Annotated § 62-13-318" (Tennessee). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Tennessee law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Tennessee official source linked on this page or consult a licensed Tennessee attorney.
How does Tennessee § 62-13-318 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Tennessee can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Tennessee.