What is the form typically used for business dealings with the commission after licensing?

The TREC 1 form is the standard document used for business dealings with the Tennessee Real Estate Commission (TREC) after obtaining a real estate license. This form serves as an official record for various transactions and communications regarding compliance with state laws and regulations governing real estate practice. It is particularly vital for licensed professionals as it facilitates the necessary disclosures and agreements that must be documented in the real estate industry.

In this context, the other options do not serve the specific purpose of formal interactions with the commission post-licensing. The Real Estate Disclosure form, for instance, is primarily utilized by sellers to disclose property conditions to buyers rather than for direct dealings with the commission. The Contract for Sale form is focused on agreements between buyers and sellers, and the Partial Ownership Agreement pertains to shared ownership arrangements, instead of formal business dealings with the regulatory body. Therefore, the TREC 1 form is specifically designed to meet the requirements and protocols established by the Tennessee Real Estate Commission.