agency

Designated Agent (Tennessee)

A Tennessee designated agent is a licensee chosen by the managing broker to represent a client to the exclusion of all other licensees in the firm. When each designated agent represents only one party, the managing broker is not a dual agent and there is no imputation of knowledge among clients, the managing broker, and designated agents. Only the principal broker, not a team, may appoint designated agents. Acting as agent for more than one party without the knowledge and written consent of all parties is a violation.