1. (1) No licensee shall engage in any real estate activity in any office unless there is a principal broker devoted to the full time management of such office.

2. (2) A licensee may be engaged only by a principal broker who is:

   1. (a) Engaged primarily in the real estate business; and
   2. (b) Accessible during normal daytime working hours.

Authority: T.C.A. §§ 62-13-203 and 62-13-312. Administrative History: Original rule certified June 7, 1974. Repealed and refiled March 3, 1980; effective April 27, 1980. Amendment filed May 11, 1984; effective June 10, 1984. Amendment filed April 17, 1985; effective May 17, 1985. Amendment filed November 21, 1988; effective January 5, 1989. Amendment filed June 17, 1991; effective August 11, 1991. Amendment filed July 31, 2006; effective October 14, 2006. Amendments filed January 24, 2017; effective April 24, 2017. Amendments filed June 25, 2025; effective September 23, 2025.