Real Estate Agents and Brokers - As enacted, exempts an affiliate broker or broker licensed under the Tennessee Real Estate Broker License Act from the additional licensure and classroom hours in training programs requirements for a vacation lodging service firm's designated agent; requires that vacation lodging services be under the supervision of the principal broker of an affiliate broker, broker, or firm. - Amends TCA Title 62, Chapter 13.

SB 1786 exempts affiliate brokers and brokers licensed under Tennessee's Real Estate Broker License Act from additional licensure requirements and classroom training hours when working as designated agents for vacation lodging service firms. The bill requires that all vacation lodging services under these exemptions must be supervised by a principal broker from an affiliate broker, broker, or firm. This change modifies Tennessee Code § 62-13-104(b)(3)(B) to clarify the exemption while maintaining supervisory oversight. The bill directly affects real estate professionals operating in the vacation lodging sector within Tennessee.